No big deal. Some people will benefit from the min wage hike as they will make few bucks more per hour. But some other people will lose their min wage jobs. They will go from $7.25/hr to $0/hr.
Min wage hike is a form of wealth transfer from some poor people to other poor people.
But for vast majority of people this min wage hike will not affect them whatsoever, because they are not making anywhere near min wages. No big deal. View Comment
Minimum wages should be decided at state level, and Wash. DC should get rid of the minimum wage requirement. Let some states make mistakes and ruin their economy, while other states would benefit from it. View Comment