ttystikk
Well-Known Member
Seattle, WA has raised their local minimum wage to FIFTEEN dollars an hour. Contrary to Repub propaganda, not only is the sky NOT falling, but unemployment is down and the economy is booming. Why?
Maybe because a bunch of wage serfs at the bottom of the wage scale found themselves with discretionary income and they're spending it... and in the process creating more economic activity for everyone.
The republican fallacy of low minimum wages being good for the economy is blatantly, demonstrably false- they only keep promoting it because it's good for the bottom line of the megacorps who fund their campaigns.
Maybe because a bunch of wage serfs at the bottom of the wage scale found themselves with discretionary income and they're spending it... and in the process creating more economic activity for everyone.
The republican fallacy of low minimum wages being good for the economy is blatantly, demonstrably false- they only keep promoting it because it's good for the bottom line of the megacorps who fund their campaigns.