Raising The Minimum Wage Is A Political Goldmine

[Warpy]

18. Profits then go up out of proportion to the initial cost

and stockholders find their dividends going up. Again, even the big corporations don't clamor for a rollback in the minimum wage after it goes up against their howls of protest.

Nervous short term investors always manage to screw themselves unless they're fat enough to be able to use HFT.

Keeping wages depressed has done one thing (besides making 99% of us poorer and sicker), it has kept the inflation built into fiat currency artificially low. That has been the aim of both parties for decades and it's worked. The cost to labor has been appalling.