4 ms·
Realistically, GDP has grown substantially with the owners receiving nearly all the benefits. Raising the minimum wage is unlikely to affect employment much be
by 8note 6y ago
Realistically, GDP has grown substantially with the owners receiving nearly all the benefits.
Raising the minimum wage is unlikely to affect employment much because of just how profitable companies are today
Mind you I think a better tslternative to a specific minimum wage is to have a guaranteed government job at a specific wage. That sets a bar that all labourers have an option, while some lower paying jobs can still exist if they're otherwise competitive in other experiences
- saddlerustle 6y agoCorporate profits as a fraction of GDP hasn't changed much.
- wonnage 6y agoJust remember that very sane corporation in the US does their very best to realize their profits outside of the US.