The hourly rate you need to afford a two-bedroom apartment in every state

[GMDino]

(06-08-2016, 02:46 PM)Brownshoe Wrote: It will increase the production cost of the labor since a $2.50 raise would be over 33% increase in cost. You're insane if you think corporations will reduce the amount of money they pay their executives over just increasing the price to cover the increased labor cost. That increased cost for pretty much everything that involves minimum wage jobs would result in the inflation. If companies don't increase the cost of the product / service then they will just eliminate jobs and force their employees to work harder/ more efficiently. Loss of jobs would mean less money flow and increase inflation. Sometimes both will happen too.

Then do you support eliminating the minimum wage?