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To: Oldeconomybuyer

How many lives could be saved if the Minimum Wage were raised to $100 an hour?


3 posted on 01/10/2020 6:36:35 AM PST by Cowboy Bob ("Other People's Money" = The life blood of Liberalism)
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To: Cowboy Bob
How many lives could be saved if the Minimum Wage were raised to $100 an hour?

Apparently, we don't have to go that high.

Every $1 increase in the minimum wage is associated with a 6% reduction in suicide for high school grads.

If you wanted to eliminate 100% of all suicides (by their logic) you would only have to increase the minimum wage by $17 (100%/6% = 16.6666)

66 posted on 01/10/2020 7:56:27 AM PST by Go Gordon (I gave my dog Grady a last name - Trump - because he loves tweets.)
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To: Cowboy Bob

Would probably make the suicide rate worse, when they can’t get jobs at all.


86 posted on 01/10/2020 11:13:57 AM PST by Bethaneidh
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To: Cowboy Bob

Why stop at $100/hr? Raise it to $1,000/hr and eliminate suicides altogether.

Wonder how unemployment effects the suicde rate?


90 posted on 01/10/2020 11:39:10 AM PST by Tudorfly (All things are possible within the will of God.)
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