Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (9725)	2/6/2017 3:36:08 PM
From: combjelly	Read Replies (2) \| Respond to of 358178

If businesses with minimum wage employees would have fired 1/3 of their employees, that would have shown up in the unemployment data. It never did. I suppose it is possible that those employees immediately found jobs, presumably at more than what they were making before. If the economy was booming enough to soak up that many employees without a hiccup, then those minimum wage employees are much better off in their new jobs. It is only a problem if they are fired and cannot find new jobs.