Quote:
Originally Posted by gixaholic
we are waiting for your links and proof that the community of business owners are wrong about minimum wage increases and failed businesses
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Don't even try it Gixy you nosey BITCH!, I was responding to "Unregistered" claims and your dumb ass butted in.
The ownous is on "Unregistrered" to back the claim up!
GIXY, Here's what "Unregistered" said of which no links were provided to back up the claim!!!!
Yesterday, 05:30 PM
Unregistered
Seasoned Veteran Join Date: Dec 2006
Posts: 48
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Quote:
Originally Posted by George O Well
"Most small companies can't afford that kind of wage or they'll have to make do with less employees. Simple economic priciples at work."
>>>That's probably TOO simple an economic principle when you consider that those employees will have more purchasing power and that cash will go right back into the pockets of the small AND large business owners, who will then have to hire more employees. Minimum wage is a zero sum game after about one year.
Btw, there's an In-N-Out going up right near my office here. I love that place.
What you fail to see is that when you raise minimum wage the cost od the products also goes up, usually at a higher percentage than the minimum wage did, ergo giving them LESS purchasing power thus putting SMALLER companies out of business.