How does raising the minimum wage raise the GDP? They aren’t producing more and in fact will probably produce less.
In effect raising the wage will have a domino effect that will just make the cost of everything go up and put them the minimum wage earners right back where they started. Those of us that work non-level—entry jobs will be hit the hardest because our wages won’t go up. It will make many businesses have to close their doors. Personally I think it’s intentional by 0 to destroy the middle class and decimate our economy for those that he answers to. I used to think it was all coming from his former liberal background and activist training but am now of the opinion that he is following orders given to him by someone with powerful connections who is strategically placed and and is coordinating these “attacks” to destroy the U.S.’s power and influence.