News for hackers. Stuff that matters.

A comment on Wealthy San Francisco tech investors bankroll bid to ban homeless camps. Parent comment

Re:Wealthy San Francisco tech investors bankroll bid to ban ... by autognosis on Wednesday October 12, 2016 @01:20PM (#12694783)
Yes, that is a fact. Minimum wage increases unemployment. Ispso facto.

No job ---> no self-reliance.

Homelessness is only a short leap from that point.

Simple does not imply over simplification.

[ Parent | on HN ]
Re:Wealthy San Francisco tech investors bankroll bid to ban ... by rm_-rf_slash on Wednesday October 12, 2016 @05:07PM (#12696426)
Minimum wages also correlate with higher economic growth, as higher wages mean more people can buy more stuff, and so more people are employed to sell those people that stuff.

Also you leave out mental illness and addiction which are impossible-to-ignore factors when comparing homelessness to impoverishment.

[ Parent | on HN ]