Markets, finance, and economic policy
1 debate
Listen up, because I'm tired of watching politicians destroy the backbone of America with their feel-good minimum wage nonsense. Every time some bleeding heart pushes through a wage hike, I watch small contractors and local businesses get absolutely crushed. You think forcing a mom-and-pop shop to pay $15-20 an hour helps workers? Bull. It forces them to cut hours, lay people off, or shut down entirely. I've seen it firsthand in construction - small subcontractors who can't absorb these artificial wage increases just stop hiring apprentices and entry-level workers. Meanwhile, big corporations like McDonald's and Walmart can afford to automate everything and absorb the costs, giving them even more advantage over local competition. The result? More unemployment for the very people these laws claim to help, and more market consolidation for mega-corps. The free market sets wages based on actual value and productivity, not political virtue signaling. When government interferes with basic supply and demand, it always backfires. Want to help workers? Stop strangling the businesses that employ them with regulatory nonsense and let the market work.