• mellowheat@suppo.fi
    link
    fedilink
    arrow-up
    4
    arrow-down
    24
    ·
    8 months ago

    Indeed. That’s exactly what will happen. And then people whose wage level is below the minimum wage will be unemployed.

    • DessertStorms@kbin.social
      link
      fedilink
      arrow-up
      20
      arrow-down
      2
      ·
      8 months ago

      Ah, got it, so all our problems are the fault of those pesky workers wanting to afford to survive, and not those who refuse to function unless they’re exploiting others…
      Makes perfect sense, “economist”… 🙄😂

      • mellowheat@suppo.fi
        link
        fedilink
        arrow-up
        4
        arrow-down
        12
        ·
        edit-2
        8 months ago

        Or UBI as we seemed to agree on other part of the thread. Either of these are better solutions than minimum wage.

        • CyberEgg@discuss.tchncs.de
          link
          fedilink
          arrow-up
          18
          ·
          8 months ago

          Minimum wage works. Here is an article from the german newspaper FAZ (leans economically right) that presents a study that shows the low income sector has shrunk since the implementation of minimum wages.
          Germany before had one of the biggest low income sectors in the western world.
          And no, the unemployment rate did not skyrocket. In fact, Germany is as close to full employment as it gets.