England and their economy languished until a guy came along that the Brits dont even like by the name of Oliver Cromwell. and he abolished all of the government wage and price controls. and the economy surged. The effect of an increase of 40 percent on minimum wage is going to be several things. The first thing it is going to do is: Any job between the current minimum wage and the $7 is going to do one of several things. First. it will be exported overseas. If it is not exported. it will be taken on the black market by. perhaps. some illegal immigrant who is willing to work for less than the minimum wage. Or it will just be passed on to everybody as an increase in cost of living. Those are the alternatives.
Keywords matched
illegal immigrant