If increasing the minimum wage means that everything gets more expensive, wouldn't the same logic mean that bringing down executive pay would bring prices down? By the same logic, are low wage earners keeping price points low and stable whereas higher earners are pushing prices higher? If high income earners have their incomes decreased then shouldn't high cost goods or services come down? Wouldn't this be better for these businesses since their potential customer pool would expand?
If increasing the minimum wage means that everything gets more expensive, wouldn't the same logic mean that bringing down executive pay would bring prices down?
By the same logic, are low wage earners keeping price points low and stable whereas higher earners are pushing prices higher?
If high income earners have their incomes decreased then shouldn't high cost goods or services come down? Wouldn't this be better for these businesses since their potential customer pool would expand?