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It's leading to communism. Where everyone is equal and equally poor. If I was making $21 per hour and the minimum wage was raised to $20 I would not get a raise and in fact I would take a cut due to inflation of raising minimum wage. Minimum wage was never about a "living" wage it was about getting
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It'll be the only way to get payloads into orbit and the need for more satellites is assured. The current major players will succeed. Reusable components a very big deal and Space X owns that skill.
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They argued if wages increased then prices would too. Prices increased anyway. Multiple times economists have proven wage increases stimulate the economy. CEOs are the most useless and overpaid staff at every company employing them.
ReplyOnly if Social Security is given a good raise, because raising the minimum wage to $20.00 per hour would cause inflation big time. Then, people on Social Security wouldn’t be able to live on what little SS pays them.
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