Raises in minimum wage causes an increase in expenditures for companies, and less revenue.
I did terrible in school and even I know this. What is wrong with these people?
The dirty secret is that many union contracts are tied to the level of the minimum wage.
These are the same geniuses that believe they are stimulating the economy by taking money out of the economy from productive people, running it though Washington and giving it back to society’s leeches.
You might as well double the price of a product to increase sales.
Seriously, where do these people go to get educated? Were they even more dumb before going to college?