2 ms·
It seems market forces are already working to do that with out the need for government intervention. Many Companies (walmart, Amazon, Target, etc) have all rai
by syshum 7y ago
It seems market forces are already working to do that with out the need for government intervention.
Many Companies (walmart, Amazon, Target, etc) have all raised their companies minimum starting wage to well above the federal minimum, some even to $15
This is correct way for wages to raise, not by government demand
- londons_explore 7y agoI suspect those companies have raised their minimum wages not because of the local labor market, but instead because of nationwide PR risks. That is just as bad as a law really. The companies will end up employing fewer people at higher wages, while other people end up unemployed, and the total nationwide labor salary gets reduced.