Comment by saagarjha
21 days ago
I don't think it is that clear-cut, though. People who are well-fed, well-rested, free from stress and have good healthcare do tend to be more productive.
21 days ago
I don't think it is that clear-cut, though. People who are well-fed, well-rested, free from stress and have good healthcare do tend to be more productive.
You're ignoring all the people that lost their jobs and had their hours shortened. If 1000 people earn minimum wage, raising it, some of them make more money, some lose money because their hours are shortened, some lose money because the jobs disappear. Whether that's a net positive overall is what's debated.
>You're ignoring all the people that lost their jobs
Because Dube, Lester, Reich says that they don't exist. Businesses pay for almost all hikes by dipping into their profit margins. A small % raise prices. A negligible number let people go.
Is there no truth to the California fast food restaurant closure wave I heard about when they raised fast food minimum wage to $20/hour?
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It's legal for employers to offer these benefits.