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Former Working-Class Men on Why They’re Against a $15 Minimum Wage
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John McDermott
Lee michael
Lee michael
Aug 9, 2017 · 1 min read

It’s basic economics, raising the minimum wage benefits nobody. It simply accelerates inflation. If you double the minimum wage the market automatically adjusts and goods & services that cost $1 before would now cost $2. Businesses simply pass the extra cost onto the consumer. Your paycheck might have a bigger number on it but your situation stay’s exactly the same.

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