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Tespri
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Comments by "Tespri" (@Tespri) on "How Does the Minimum Wage Work?" video.
everything is cheaper in USA and 15/h would be more than mininum wage currently here in Finland where everything is far more expensive. Your professor is an idiot.
5
Stupid reasoning... More companies get more customers? nope, only certain companies get more customers. Plus adding mininum wage would mean that the prices needs to get higher. Which itself negates the raise you just got. Making things worse... You cannot compete internationally when everyone else sells products cheaper than you. So enjoy your future hell.
3
enjoy of not having any job as worker when it's actually cheaper to just have a robot doing your part.
3
Mrcharrio There are always customers. International ones for example. Also sales don't simply disapear. Sure less people having money will weaken the economy slightly for a while. But not on long term, because then business will focus on those people who have money. For example expensive restoraants etc... But hey what do I expect from an person who is illiterate when it comes to economics... Mininum wage hurts the people most who you think it will help.
3
Mrcharrio Why avoid answering to the point? Needed to find a way to regain your broken ego?
2
Yeah totally leave out the factor of Germany being main benefactor of EU. Oh Plus youth unemployment is all time high even in germany.
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***** "A $15/hr minimum wage would ensure more poverty for lower-skilled workers such as high schoolers or minorities stuck in poverty." Actually less, since less of those low skill workers would be able to even work. And rest of people would be forced to buy products with even higher price. Not to mention that you would destroy many small time businesses which can't pay salaries that high. Who cares if higher wages would attract more people when there aren't any jobs available?
1