> the company announced the rollout of a new wage structure, including a minimum wage of $15.25 per hour
> What Winston Plywood is doing defies almost everything we have been told about wages in Mississippi — that raising the minimum wage would cripple profits, throw company pay structures into chaos, create inflation and ultimately wreck the economy.
Uh, no ... they didn't raise the minimum wage, they raised the wage that they pay. That's not the same thing at all. That's a market force, not a government intervention, in this particular case.
> What Winston Plywood is doing defies almost everything we have been told about wages in Mississippi — that raising the minimum wage would cripple profits, throw company pay structures into chaos, create inflation and ultimately wreck the economy.
Uh, no ... they didn't raise the minimum wage, they raised the wage that they pay. That's not the same thing at all. That's a market force, not a government intervention, in this particular case.