03-02-2019, 01:42 AM
So we've discussed it before, but it seemed like a decent time to discuss it again (as it came up in another thread recently and there's got to be something to talk about besides the POTUS).
Personally, I'm against a minimum wage unless it's tied into geographic economic factors ($10 in rural Arkansas is a living wage; $15 in NYC won't pay rent). But there's talk of flat minimum wage increases, which I'm against.
I don't think it'll impact the economy negatively, though. The current belief in businesses is built in increases, whether they're warranted or not. If you gradually increase prices on a regular basis, even if you haven't had increased expenses, then you reduce the negative impression that comes with more infrequent (and more substantial) price hikes.
Personally, I'm against a minimum wage unless it's tied into geographic economic factors ($10 in rural Arkansas is a living wage; $15 in NYC won't pay rent). But there's talk of flat minimum wage increases, which I'm against.
I don't think it'll impact the economy negatively, though. The current belief in businesses is built in increases, whether they're warranted or not. If you gradually increase prices on a regular basis, even if you haven't had increased expenses, then you reduce the negative impression that comes with more infrequent (and more substantial) price hikes.
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)
