@stormy001M to myeconomybusinessEnglish • 1 year agoMinimum wage enforcement could set back recovering businesses: MEFwww.thevibes.comexternal-linkmessage-square3arrow-up12arrow-down11
arrow-up11arrow-down1external-linkMinimum wage enforcement could set back recovering businesses: MEFwww.thevibes.com@stormy001M to myeconomybusinessEnglish • 1 year agomessage-square3
minus-square@marche_cklinkEnglish1•1 year agoIt’s a chicken and egg problem. Low wages = consumer spending power low=poor sales=business die But also high cost=business die=people lose jobs=consumer low spending power
It’s a chicken and egg problem.
Low wages = consumer spending power low=poor sales=business die
But also high cost=business die=people lose jobs=consumer low spending power