this sounds real nice, but realistically raising minimum wages is not economically viable. all it will do is cause many people to lose jobs, while other guys who keep their jobs will just make a few cents more. not to mention that if labor is not as cheap in the Phillipines then its quite possible manufacturers of basic products will pack up and relocate in a different country. needless to say, that means less jobs and a lower GDP.
raising minimum wage sounds nice on paper, but it has a lot of negative drawbacks that most people dont think of because their mindframe is 'hell yea now i get more moneyz'
raising minimum wage sounds nice on paper, but it has a lot of negative drawbacks that most people dont think of because their mindframe is 'hell yea now i get more moneyz'
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