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.
It would hurt our economy and small businesses. Already as it is, Walmart killed cashier positions, so did Target. Safeway followed suit. So did CVS and McDonald's. Have you seen the menu prices? At one time $20 fed 2 people, now it barely feeds one.
Typical leftist, you have no idea how the economy works. After California raised their minimum wage, that's when things really started to fall apart for them. And the exodus sped up.
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.
You are a leftist. You're spewing propaganda. Behavior will always = ideology.
The biggest cost of any company is payroll and benefits. That's the truth of the matter. Where you're getting all that other shit from, I have no clue.
You opened mouth without doing research like a leftist. Then you posted some other crap to me in return that made no sense whatsoever. All hallmarks of a leftist.
Payroll leftist, is overhead, Customers pay for that, regardless of how much the increase of the minimum wage is. That will impact costs across the board and the economy.
So when leftists like you cry to increase the minimum wage, that effects the economy; With the economy in the state that it's in? If the federal minimum wage is raised, people will starve.
A leftist doesn't support Trump, but even Trump just like anyone is not 100% correct.
Then what's Democrats For Trump dummy.
Ah, showing your true colors.
What true colors? I can call you anything you are, as long as it's the truth, and you are a dummy.
You're pulling at straws like a leftist because you can't accept defeat.
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.
