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A comment on The Tech Industry Is Building a Vast Digital Underclass. Parent comment

Re:The Tech Industry Is Building a Vast Digital Underclass by jimmaswell on Wednesday July 24, 2019 @06:41PM (#20520761)
In practice it's phased in gradually, and that problem doesn't happen much. Here's one look at real data.

"[I]n a new research paper by Doruk Cengiz, Arindrajit Dube, Attila Lindner and Ben Zipperer that looks at data during the period from 1979 to 2016 in 138 U.S. states and regions where minimum pay was increased[, t]he conclusion is that low-wage workers had a pay gain of 7 percent after a minimum-wage law was enacted, but there was little or no change in employment."

https://www.bloomberg.com/opinion/articles/2019-01-24/u-s-ec...

Businesses can adapt, like they do when unions negotiate better pay.

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Re:The Tech Industry Is Building a Vast Digital Underclass by joejerryronnie on Wednesday July 24, 2019 @07:14PM (#20521063)
Yes, if the increase is phased in over a few years you’re right, business will adjust. But many places have implemented a large increase in one shot and it’s had a really negative impact on small businesses
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