RE: Examining the Potential Outcomes of Increasing Minimum Wage Standards

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Examining the Potential Outcomes of Increasing Minimum Wage Standards

in minimum-wage •  8 years ago 

That's a great point. If a CEO can maintain profits while paying a "living wage, that CEO would be extremely valuable to the company. I think the sad truth is the only response most of them will likely come up with will be to raise prices, passing the expense onto the consumer.

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