Why are there so many people that just have no idea how the economy works.? ?????. Joe Biden wants to raise minimum wage ok sounds good doesnt it ? Well when you force it especially when we are still... View MoreWhy are there so many people that just have no idea how the economy works.? ?????. Joe Biden wants to raise minimum wage ok sounds good doesnt it ? Well when you force it especially when we are still reeling from a pancemic and buisnesses hurting bad things will happen. Lots of small busnesses will close. Lots of jobs will be lost. Buisness will raise their prices to cover the extra expense, so guess what you will be paying more for everything. There goes your raise out the window. If the economy was still doing well and the minimum wage was raised the increased in products would be minimal. Right now prices have already gone up due to limits on certain things and buisnesses struggling it will completely consume your increase of pay and create a higher unemployment rate.
