If high wages were a solution, it would have worked long time ago...
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Higher wages result in higher prices. People will have to charge more money or move businesses to places with lower wages.
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I think this is where liberals start to argue that it failed because it wasn't high enough.
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A credible study done which is indicating a lack of success.
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$15 isn't even in full effect yet. When it is, and small businesses have to renew their leases, I think a lot of Mom & Pop shops will close.
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If there can be no such thing as poverty-free capitalism, maybe we ought to consider a socialist alternative.
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Relative or absolute poverty? Which are you writing about? Thanks.
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