strypey, "But if that money goes into the wages of low-income workers, we know that all of it will go back into the local economy because research shows that those workers spend 100% of their payslip. Actually, they spend 106% of their payslip, but that’s a whole other story. So the best way to stimulate the local economy is to put the money into raising the lowest wages. That means more money for more jobs."
https://emilywrites.substack.com/p/what-it-the-living-wage-and-what