Categories
Antiwork

Raising min wage won’t solve anything because it will increase inflation and will just cause a lot of small businesses to shut. In the end it will just make a lot of people unemployed and a very few people earn more

I’m all for improving lives of working people but Increase in min wage = higher demand in economy = increase in prices aka inflation. Businesses not being able to afford increase in pay = firing people (unemployment) or shutting down (more unemployment) which will cause more inflation since there is now a less supply of goods and services in the economy.


I’m all for improving lives of working people but Increase in min wage = higher demand in economy = increase in prices aka inflation. Businesses not being able to afford increase in pay = firing people (unemployment) or shutting down (more unemployment) which will cause more inflation since there is now a less supply of goods and services in the economy.

Leave a Reply

Your email address will not be published.