Step 1: “I can’t pay you this much because [others] will do the work cheaper”
Step 2: “I’m going to higher you at a lower wage than you could expect before step 1. Please grovel at my feet for my benevolent charity”
“Basic economics” as an argument is ignorance of externalities.
You know we have wage regulation right? If you must use the law to enforce the “free” market then you could just as easily increase the already existing minimum wage.
If you don’t believe in a cost of living based minimum wage that’s a different conversation.
Step 1: “I can’t pay you this much because [others] will do the work cheaper”
Step 2: “I’m going to higher you at a lower wage than you could expect before step 1. Please grovel at my feet for my benevolent charity”
“Basic economics” as an argument is ignorance of externalities.
You know we have wage regulation right? If you must use the law to enforce the “free” market then you could just as easily increase the already existing minimum wage.
If you don’t believe in a cost of living based minimum wage that’s a different conversation.
Removed by mod
Yes, all closed down.
Removed by mod
TF you mean? What fast food restaurants make up your majority? 🤣🤣🤣