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Tespri
David Pakman Show
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Comments by "Tespri" (@Tespri) on "Economic Collapse DOESN'T HAPPEN as Cities Keep Raising Minimum Wages" video.
Low wage helps with competition with foreign countries however it weakens the buying force of citizens in your country. The reason why mininum wage should be bigger is to fix the gap between rich and pure and let the money start flowing around the country, instead of being saved by few individuals who doesn't even use most of that money that they have. Money needs to flow, hence saving money is the big bad devil, and more money you have and save, the bigger influence to the economy it will have.
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