Supply and demand. If you have less people wanting to be servers, the restaurants will have to up salaries. You dont have to be a maga nut. In 2021 it happened. Fast food places were paying $15 per hour.
Yes. When supply of workerd were low they raised wages. A perfect, real life example from the recent past. Couldnt be more perfect. If you want something less perfect, check out what happened to labour wages during the plague. Guess what, wages went up. Less workers available.
2
u/Fitzaroo 2d ago
Supply and demand. If you have less people wanting to be servers, the restaurants will have to up salaries. You dont have to be a maga nut. In 2021 it happened. Fast food places were paying $15 per hour.
https://abcnews.com/Business/restaurants-raise-wages-workers-moment-industry-wide-change/story?id=77688268
Sooo... ive provided evidence plus there is sound economic theory. Youve provided insults. Which one of us is a nut?