Would a higher minimum wage increase costs and discourage people from starting businesses?
@freepatriot Why are you asking a question you already know the answer to is ''yes''?
Maybe.
If my business was well-automated and my competition required more employees than I do, then a higher wage would improve my prospects against them.
@freepatriot Wages are already higher for the vast majority. A Federal increase wouldn't hurt today and would benefit the handful left out. Shouldn't be done all at once, should be spread out and a tiered approach because a 50 year old has more experience and knowledge than a 40, 30, 25, 19 or 16 year old.
Not a leftist here. A minimum pay raise at the Federal level wouldn't make much of a difference as in most states people make more the that. Minimum wage is for beginners anyhow, but employers use it to stifle wages for the rest of us.
For the companies that did reduce staff or bring in automation, that's partially because those states raised the minimum too much and the economy is already souring and has been for over a year no matter what the government or media or economists say.
A leftist doesn't support Trump, but even Trump just like anyone is not 100% correct.
Ah, showing your true colors.
LOL! You are the biggest joke I have found out here.
LOL! You're so out of touch with reality or you're a leftist yourself as you can't stand the truth as a typical leftist can't.
Myself and others already expected more businesses to close there. That's what the left does to businesses. Over regulation, increased taxation, increased costs to the people, more for those at the top, loopholes for the few, keeping more reliant on the state.
