05-14-2014, 02:22 PM
(05-14-2014, 07:31 AM)Toogee Wrote: In addition, as soon as that wage is raised, companies will only be able to keep so many workers. Instead of people getting paid more, more people are just going to be laid off.
This right here. Also, if wages increase, prices will increase so in the end it would equalize anyway.
Then again, maybe instead of worrying about prices increasing due to wage increasing, we should worry about increasing wages in response to increasing prices. It's complicated issue; where does the problem start?
Here's where I would write something I think is witty at the time, and later realize I'm an ass.