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Originally Posted by SCUDSBROTHER
When they get a raise in the minimum wage, they aren't getting some sort of raise in their standard of living. That's the part that isn't understood. It's not the reason for raising the minimum wage. It's done to try to keep their standard of living from going further down. If you keep having inflation (without raising the minimum wage,) then you're lowering their standard of living.
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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.