Raising the minimum wage.... Is that good for workers?

submitted by In-the-clouds from midi.moe

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[–]xoenix 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Probably mostly drives demand for automation and robots. Regardless, the largest employers may be able to afford the wages but their (smaller) competitors might not. Corporations win.

[–]In-the-clouds[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I agree. Increased human wages makes the machines a better investment, for those who value money more than people.