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    toussaint (toussaint@newsie.social)'s status on Sunday, 17-Dec-2023 16:48:14 JST toussaint toussaint

    in my jr yr, i was a researcher on a study that looked at every minimum wage increase, from all time, from every country. The conclusion is that raising the min wage has NEVER lead to job losses, it always gives ppl more disposable income to spend, stimulates the economy more than any downside. But almost no one knows this, no one cares abt the study or truth, politicians & corporations lie everytime its brought up. This is why i quit econ to cook
    #CapitalismIsKillingYOU
    https://www.theguardian.com/business/2023/dec/07/greedflation-corporate-profiteering-boosted-global-prices-study

    In conversation Sunday, 17-Dec-2023 16:48:14 JST from newsie.social permalink

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    1. Domain not in remote thumbnail source whitelist: i.guim.co.uk
      Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows
      from https://www.theguardian.com/profile/phillipinman
      Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes

    2. https://assets.newsie.social/media_attachments/files/111/585/415/437/951/451/original/ec60e3c276123439.jpg

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