Quote:
Originally posted by m21sniper
It is my opinion that boosting minimum wage boosts the prices of everything at a nearly proportional rate, thereby effectively eliminating any increase in PPP of a minimum wage worker.
It is a cause and effect.
You force us to pay our workers more, we simply increase the price of our goods and services to match.
Thus, the status quo is maintained.
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This statement would never be made by an economist.