Bridger PenningtonFund Launch & Investment Expert

Higher Minimum Wage | Bridger Pennington

14 Dec 2023 · 0 min

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0:25

Bridger Pennington argues that raising the minimum wage to $18-$30 per hour helps big corporations by forcing smaller competitors out of business and justifying automation. He advocates eliminating the minimum wage entirely instead.

Big companies love a higher minimum wage because that minimum wage goes up to $18, $20, $25, $30 an hour. A couple things happen. Number 1, their competition cannot survive anymore. Number 2, it allows them to justify automating more systems and building robots. On the contrary, I'm in favor of a no minimum wage. I think it really hurts a lot of businesses and actually hurts the employee as well.

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