Posted Apr 7, 2021, 8:36 PM UTC
Covid was a big ol cash grab so sad
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How are these two things related? If minimum wage was $30 what would the matter compared to a trillion dollars?
Every single one of those ten employ people for minimum wage, including Arnault. Do you really not understand how they're related, or are you just being an ideological "rich master race" libertarian?
I got $15,000 cash in my right pocket...
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Minimum wage hike will be coming to kill off what's left of small businesses then there will be no escape from corporate slavery. Expect some kind of rent forgiveness to bankrupt independent landlords as well.
No it wouldn't, because labor costs are a much smaller percentage of price than marginal material costs and infrastructure costs. It could also be implemented gradually if you're so worried about price shocks.
If minimum wage doubled, your grocery bills wouldn't go up by more than 3 percent. Not only that, small businesses would thrive because the average household's disposable income would go way up.
Literally the opposite thing would happen from what you said. Only those poor, poor billionaires would be negatively affected. They don't need more than five vacation homes.
No but if you raise it those billionaires will be sad pandas and we can't have any insanely rich sad pandas can we?