Quote:
Originally Posted by Guest
it is crystal clear there is a definite lack of business/accounting understanding.
If a business generates only so much margin (look it up!) that is all there is to pay wages. So when the government makes a business raise wages there is only one think a business person can do. Give the increases to some and let enough go that allow paying the increase. Or how about cutting hours back so that the wages paid still match the amount left to pay wages.
The arbitray raising of expenses (wages) will sffect as many or more people negatively than the top billing raised wages.
Total and complete lack of business understanding by the politicians that are buying votes and the lemminga who support without knowing what they are doing.
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A whole lot of you are making statements of fact, raising minimum wage will guarantee people will,lose their jobs in every field of business, that can't be backed up. Economists have argued for years on both side of the effect on jobs by raising minimum wage. This isn't something that is set in concrete.
Minimum wage jobs are no longer the property of young people entering the job market. A reasonable increase in the minimum is long overdue. The key word there is reasonable.
Concerning Hillary buying votes with promise of raising the minimum wage, the assumption is people making minimum actually follow politics. The people doing these jobs aren't smartest in the world as evidenced by the work that they are doing.