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Topic	amazon workers losing stocks and bonuses because of the minimum $15 wage rule
Questionmarktarius 10/03/18 8:40:26 PM #48:	Bad_Mojo posted... Could someone please explain to me why raising the minimum wage is good? People that work at 7-11 are working at minimum wage. Now that the owner of that store has to pay all their employees more money. So how do they counter this? They raise the price of everything So you're just back to where you were. It doesn't matter what the minimum wage is, if it goes up, then all the prices of everything go up as well It's actually more insidious than that. If you have to pay an employee $15, that employee better damn well be worth $15. All this ends up doing, at least in the short term, is punishing the very people who can only get minimum-wage work for some reason. <cite>Questionmarktarius posted [p:909913488] in amazon wor... [t:77064715]...</cite> <quote><cite>Bad_Mojo posted...</cite> <quote>Could someone please explain to me why raising the minimum wage is good? People that work at 7-11 are working at minimum wage. Now that the owner of that store has to pay all their employees more money. So how do they counter this? They raise the price of everything So you're just back to where you were. It doesn't matter what the minimum wage is, if it goes up, then all the prices of everything go up as well</quote> It's actually more insidious than that. If you have to pay an employee $15, that employee better damn well be worth $15. All this ends up doing, at least in the short term, is punishing the very people who can only get minimum-wage work for some reason.</quote> ... Copied to Clipboard!
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