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Federally Mandated Minimum Wage is a Bad Idea | FRIDAY FIELD NOTES

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Today, I give five reasons why a federally mandated minimum wage is a bad idea. Hit me up on Instagram at @ryanmichler and share with me what’s working in your life.
SHOW HIGHLIGHTS
4:00 Point #1: It doesn’t consider varying living expenses within states 6:19 Point #2: It sets the precedence that government can medal in individual affairs 9:27 Point #3: It disincentivizes growth, expansion, and career progression 14:40 Point #4: It prices young people out of work 19:23 Point #5: It puts millions of people out of work 24:11 Incurring $54 billion of debt 26:18 An increased cost of living and inflation 27:35 An increased spending for employment benefits 29:00 Your moral obligation to look after those under your care Want maximum health, wealth, relationships, and abundance in your life? Sign up for our free course, 30 Days to Battle Ready.
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0:38:12
Publication year
2021
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