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Reply to "How much raise should my wife ask for now with Biden and $15/h minimum wage?"
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[quote=Anonymous][quote=Anonymous]Pos are being pains in the ass with their responses. When local governments and economists attempt to predict the costs of minimum wage increases, they absolutely take into account that those making a bit above min wage will also get corresponding increases. This is a good thing! economists expect that economies are generally able to absorb the vast majority of these extra costs, because of the rising tide theory (when you improve the lot of workers, the lot of the economy as a whole improves). [/quote] Great, so why stop at $15. How about making it $30/hr instead, if raising the minimum wage has few negative effects?[/quote]
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