CBO: $15 Minimum Wage Would Kill Millions of Jobs

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RugersGR8

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https://patriotpost.us/articles/64171-cbo-15-dollars-minimum-wage-would-kill-millions-of-jobs
CBO: $15 Minimum Wage Would Kill Millions of Jobs
Meanwhile, House Democrats plan to vote on legislation raising the minimum wage to $15.
Political Editors · Jul. 10, 2019

…"And once again, those most negatively affected by a $15 minimum wage are the poorest and least-skilled American workers. Or, as The Wall Street Journal puts it, “As many as three people would lose their jobs for each person no longer in poverty.”"...
 

Aries

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This is what I've always said is the problem with liberals, they cannot understand the principle of unintended consequences.

"There are a billion people in poverty because they make less than $15 per hour? Oh, just raise the minimum wage and require their boss to pay them more. Easy peasy."

"OH! Three people completely LOST their job because ONE person got a raise?? Hm, didn't see that coming......"
 

raeken45

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This is what I've always said is the problem with liberals, they cannot understand the principle of unintended consequences.

"There are a billion people in poverty because they make less than $15 per hour? Oh, just raise the minimum wage and require their boss to pay them more. Easy peasy."

"OH! Three people completely LOST their job because ONE person got a raise?? Hm, didn't see that coming......"

Oh they understand it. They understand it will buy them votes, increase the number of people dependant on government, and grow their power.
 

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