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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (704164)3/14/2013 4:41:00 PM
From: J_F_Shepard  Respond to of 1577920
 
Of course.....show the results of an increase in minimum wage not a mindless argument against it. Basic economics would say that if spending stops; revenues, profits, and job numbers drop also....



To: i-node who wrote (704164)3/14/2013 4:56:14 PM
From: combjelly1 Recommendation  Read Replies (6) | Respond to of 1577920
 
Last time I checked, basic economics told us that if something costs more then buyers will buy less of it.


Only if the spending is discretionary. Employees are not discretionary for a business of any size even if the owner is willing to work 24/7.

Since you failed at basic economics, do provide us with some actual facts backing your statement up.