Biden's plan for Covid relief most of which has already been done, includes raising the minimum wage to $15 per hour. Why? How does this help anyone?
Economics is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work . What will be the certain result of this? Small business already hurting will be hurt further. People will either be fired or replaced by automation machines. Work week hours reduced. Prices on goods and services raised. These are FACTS> Big difference in a business in New York City and Little Rock, Arkansas. In addition most states have already begun raising and are in fact above the Federal minimum wage figure.
More pandering and stupidity.
Economics is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work . What will be the certain result of this? Small business already hurting will be hurt further. People will either be fired or replaced by automation machines. Work week hours reduced. Prices on goods and services raised. These are FACTS> Big difference in a business in New York City and Little Rock, Arkansas. In addition most states have already begun raising and are in fact above the Federal minimum wage figure.
More pandering and stupidity.