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Adverse Effects in the Higher Minimum Wage Debate [5/4/21]

There is a very real economic result from raising the minimum wage. A comparison of California's minimum wage to that of Kentucky demonstrates how prices rise to meet higher wages. So increasing the minimum wage actually hurts those living at that economic level, because it drives inflation and increases prices.

Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO

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Articles Mentioned in this show:

➢ Technically Speaking: Doug Kass’ 50-Laws Of Investing
https://realinvestmentadvice.com/technically-speaking-doug-kass-50-laws-of-investing/

➢ The Adverse Consequences Of A $15/Hour Wage Hike
https://realinvestmentadvice.com/the-adverse-consequences-of-a-15-hour-wage-hike/

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➢ Financial + Tax Planning Survival Guides (Free Download): Your must-have finance and tax planning strategies in unprecedented times: https://realinvestmentadvice.com/financial-survival-guides/

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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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