Articles By Bart J Stinson

Invisible Disasters Follow a Minimum Wage Increase

Published: Thursday 12th of September 2019 / Category: Restaurant Industry

Raising the minimum wage always seems like a good and decent idea. But its consequences are often tragic. It accelerates the trend toward automation, reduces the number of entry-level job opportunities, and sometimes tips small borderline businesses over to insolvency. The consequences of youth unemployment show up in other social statistics, such as substance abuse and dependency on entitlement programs.