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So I think a different angle to look at something like this is. If everyone in an area gets paid a living wage, and the people who work at a business can actual
by kevin_nisbet 5y ago
So I think a different angle to look at something like this is. If everyone in an area gets paid a living wage, and the people who work at a business can actually afford to be customers of that business, it actually creates more customers and businesses overall do better.
I forget the name of who put this idea forward, but businesses that barely break even when paying the absolute minimums, don't necessarily do worse if labor costs go up universally in an area, and everyone can begin to afford to use the services.