Hacker News new | ask | show | jobs
by sangnoir 1839 days ago
> I don’t understand this argument.

It counters a common argument against minimum wage increases. The argument goes "Small businesses can't afford raises. If they are forced to pay their employees more, they will go bankrupt, leading to unemployment, and low wages are better than unemployment, so you shouldn't raise the minimum wage"

1 comments

Makes sense. I feel like both of these arguments are oversimplifications.