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6 months agoNo no … don’t defend him. Go back to The Daily Show around 2007. There was a clip of him nearly every fucking week (usually more than one) for him blatantly lying and bullshitting. He’s always been a liar. I thought he was a piece of shit back then and he’s still a piece of shit now.
Increasing minimum wages reduces the value of everyone else’s money. Companies never take a hit from these increases. They always pass on the cost into the product or they shut down locations.
Every time government increases the minimum wage, the poverty line goes up as well. It’s turns into a never ending inflationary cycle.
You can’t just increase the minimum payment, because at the end of the day, the money has to equal some type of value. When the government forces a value, it reduces the value of everyone else’s money.