Why does it feel like a false dichotomy? if they want to attract investors while enacting both the short term solution of higher wages and long term solution of lowering costs why not give said investors a tax incentive that way they have a strict timeframe to lower the costs of doing business here and at the same time appeasing the populace and at the same time without causing inflation due to the increase in money supply
this post was submitted on 16 Aug 2023
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Tbh, I don't want investors who want to further wage inequality. Sa inyo na investments nyo. What we want are investors who are socially aware and just.
Example of investors we don't like:
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Ay nice!
The only bot so far that's been useful in this instance.
Aren't there a lot of studies stating raising minimum wage is better for the citizens and the economy as a whole (especially if the minimum wage hasn't increased for a long time)?