This will certainly be made worse by raising the min wage, as suggested in the article, not helped. Contrary to the apparent popular opinion, companies aren’t bottomless pits of money and many are barely surviving. How do people get away with having this fantasy as one of the central “truths” of their universes?
Many of the barely surviving companies are those that employ “vulnerable people”, think grocery stores- laser thin margins, managers that aren’t actually making much more than employees. Nuking those businesses will improve the health of the job market? are you kidding me?
Many of the barely surviving companies are those that employ “vulnerable people”, think grocery stores- laser thin margins, managers that aren’t actually making much more than employees. Nuking those businesses will improve the health of the job market? are you kidding me?