this post was submitted on 14 Jun 2024
39 points (91.5% liked)

Canada

7210 readers
468 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca/


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Someone@lemmy.ca 1 points 5 months ago

Like, trying to get those who primarily sell to working class folks to see how raising the minimum wage actually benefits them, because it means that all of their customers have more money to spend is nigh impossible. All they see is that they'll have to raise prices, and it makes them even more hostile toward their employees.

Yeah this argument never really made sense to me. Unless your product's only input cost is labour (which I can't think of a single job that would apply to, let alone close to minimum wage job) your costs should only have to go up by a fraction of the minimum wage increase. This would leave a minimum wage worker/customer better off after buying your product than they would have if it was cheaper.