Friday, March 31, 2017

Does Minimum Wage Build a Rich Country?????

Median Household Income
Look at these two charts. These countries with high minimum wages seem to correlate with other countries with high median income. Is having a high minimum wage great for the finances of a country? Many companies worry that minimum wage will destroy their businesses. This is true, but only the worst companies that barely survive will hurt from a high minimum wage. A high $15 hourly wage to Walmart workers will not destroy the Walmart corporation. Maybe minimum wage does nothing but help workers to survive in these high standard of living countries, but maybe minimum wage is healthy for a nation.....

No comments: