Quote Originally Posted by JaggedEdge
Ok, so if we agree minimum wage actually hurts in the long run, unions are a negative as well?

Workers need protection, but Unions force employers to give raises, same concept of minimum wage hikes. In particular in small towns with plants that are unionized.
no, unions are fine. unions can try and get raises, but if they demand wages too high, other workers who are willing to work for less will come in and take their place.
jonquest Reviewed by jonquest on . Does raising minimum wage cause inflation? We raise minimum wage in order for people to afford to live, but does raising minimum wage actually encourage inflation? I have yet to come up with a definitive answer to this question. When cost of living increases, people need to make more in order to adjust, but at the same time, when the wages goes up, the cost of living tends to go up with it. Do landlords and the like raise prices because the consumer can afford to pay them again. Basically, we seem to increase minimum wages in Rating: 5