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> I don’t understand this argument. It counters a common argument against minimum wage increases. The argument goes "Small businesses can't afford raises. If t
by sangnoir 5y ago
> I don’t understand this argument.
It counters a common argument against minimum wage increases. The argument goes "Small businesses can't afford raises. If they are forced to pay their employees more, they will go bankrupt, leading to unemployment, and low wages are better than unemployment, so you shouldn't raise the minimum wage"
- minitoar 5y agoMakes sense. I feel like both of these arguments are oversimplifications.