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RoccoR5955

(12,471 posts)
4. Businesses will always say that raising the minimum wage is a bad idea.
Tue Jun 2, 2015, 04:59 PM
Jun 2015

And will kill jobs. That's because it eats into their greedy profits. It has been a long standing fact that raising the minimum wage actually creates jobs, because people have more money to spend. When we put more money into the economy we create more of a demand for goods, especially among those on the lower end of the economic spectrum. When there is more of a demand for goods, the economy grows. Therefore, plainly, raising the economy raises the local economy.

This is not economic theory that "they" are talking about, it is economic bovine fecal matter!

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