Quote:
|
Originally Posted by hi_im_god
there wouldn't be a lot of jobs around if an employer had to pay $250/hour.
small employer's are the ones really hurt by a minimum wage. if they're barely profitable paying 10 employee's $8/hour and the minimum wage is raised to $10, a lot of them will have to figure out a way to make a go with 8 employee's or just go out of business altogether.
|
Uh..OK.
But nothing is ever going to solve to 100%.
I don't know if I buy the theory. All competitors would have to pay the same and that would reflect in selling price.
I think a place would have to be in the throes to go belly up with a MW increase.
So I do can't help but to think it's good.