Pittsburgh Pete
Elite Member
- Joined
- May 6, 2008
- Professional Status
- Certified General Appraiser
- State
- Pennsylvania
don't believe the point is that raising the minimum wage causes prosperity, but rather allowing folks to be able to support themselves and narrow the wage gap that is a serious issue.What you are discussing is only true if everybody across the board gets a similar pay increase. Which of course doesn't change anything, because it's just straight-up inflation.
Do you have real world examples of countries becoming prosperous simply because the raised the minimum wage?