THIS Is What Happened When Minimum Wage Was Hiked Over 20% To $14!

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What’s your opinion on minimum wage? Should there be a minimum wage? Should the government be able to decide what businesses pay their employees? Tell me what you think.
It’s very difficult to live on minimum wage these days that’s for sure. But instead of increasing that wage forcefully, I believe we should be looking at why things are so expensive. That’s what isn’t being addressed.

 
An individual’s income is extremely important for the economy. Without good wages, people can’t save money. People can’t buy things. People need money and if they don’t have enough, that will show up in local businesses. But today, we are faced with a big dilemma: Governments are starting to forcefully raise people’s wages to a dramatic degree. The negative impact is felt instantly.
 
Tim Hortons franchises owned by children of founders reduce employee benefits to offset minimum wage hike | Financial Post
business.financialpost.com/news/retail-marketing/tim-hortons-franchisees-cut-back-staff-perks-after-minimum-wage-hike
Ontario’s experiment with minimum wage could transform Canada’s economy: Don Pittis – Business – CBC News
www.cbc.ca/news/business/minimum-wage-experiment-1.4473095
Tim Hortons franchises owned by children of founders reduce employee benefits to offset minimum wage hike | Financial Post
business.financialpost.com/news/retail-marketing/tim-hortons-franchisees-cut-back-staff-perks-after-minimum-wage-hike
Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit by Dara Luca, Michael Luca :: SSRN
papers.ssrn.com/sol3/papers.cfm?abstract_id=2951110
Pension Funds’ Dilemma: What to Buy When Nothing Is Cheap? – WSJ
www.wsj.com/articles/pension-funds-dilemma-what-to-buy-when-nothing-is-cheap-1514808000
Venezuelans scour polluted river for lost treasure, survival
apnews.com/0b68f7fe146d441ba642f48c558e9301/Venezuelans-scour-polluted-river-for-lost-treasure,-survival
 

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1 thought on “THIS Is What Happened When Minimum Wage Was Hiked Over 20% To $14!

  1. I am totally AGAINST minimum wage. It is a scam perpetuated by the banksters. I think American dumb-asses should be paid market rate, which is less than they are making with minimum wage.

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