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Originally Posted by Danzig
that's very true. so what's the solution?
i just think that owners are going to make what they've decided they're worth, and that they will pass on layoffs and price increases to offset increases in operating expenses. i just don't think an owner will give himself a cut just so his employees can make more. now, it would be nice-but i just don't think it's realistic.
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The employees aren't going to make more(they are gunna get the same level of real buying dollars.) So, while his other expenses go up, he wants to pay his employees less real money(he wants to make them pay for inflation.) The solution is to do what he does when any other cost goes up due to inflation. I don't know why this cost going up is any different. I guess it's because the people involved are easy to take advantage of, and utility cost increases etc. aren't as easy to avoid. As I said before, for small businesses that actually do have margins that make it difficult to pay the minimum wage(evidently many in rural areas) appropriate tax incentives could be used. I'm not for increasing these workers standard of living with employers money. I think we need try to keep their standard of living the same. That hasn't been happening, because we don't raise the federal minimum wage very often.