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A comment on Seattle approves minimum wage for Uber and Lyft drivers. Parent comment

Re:Seattle approves minimum wage for Uber and Lyft drivers by majormunky on Wednesday September 30, 2020 @05:50PM (#24644398)
> If you raise the price of labor, people (both companies and individuals) buy less labor.

If people are making more money, they are spending more money

[ Parent | on HN ]
Re:Seattle approves minimum wage for Uber and Lyft drivers by readams on Wednesday September 30, 2020 @07:35PM (#24645390)
So you imagine that Uber and Lyft drivers will spend their extra money on Uber and Lyft rides so the number of rides won't go down and it will be a perpetual motion machine?
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