Career & Education
The bigger devil of Minimum Wage is really Substitution of Labor
By Investment Moats  •  September 11, 2015
One of the main topics discussed during this election period is the proposal of Minimum Wage. The call is to set a minimum wage such as this to ensure that those falling through the cracks are able to navigate their situation better. This is not a new topic per say, as in the past 12 months, there have been increase discussion on this topic in the USA. In certain places, the minimum wages have been set. One of the places set is San Francisco. There is a report on Forbes on how the result have been. Respected Economists, when asked about this topic of minimum wage, says its not that big of an issue. The issue is more how it will be implemented. People look at it as an absolute. Raise from $7 to $15. Or don’t raise. There is always an in-between figure, which gives time for the companies ......
Read the full article
By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance