The biggest problem with people who think raising min wage to $15 is that they’re expecting what should be temporary jobs, bottom of the barrel, to be mortgage paying, life building jobs. Jobs like McDonald’s shouldn’t be able to pay a mortgage. That’s not their business model. It takes people with no skills and teaches them the basics, allowing upward movement to other better paying positions.
All a $15 min wage will do is increase costs across the board. That $8 value meal will now be $14(estimate). Businesses don’t have the overhead to just eat the increase, their prices have to go up to cover the wage increase. These people are stupid.
Let's raise it to 100K/hour and then we'll all be rich!!!
Why not $500 per hour. That seems better.
The biggest problem with people who think raising min wage to $15 is that they’re expecting what should be temporary jobs, bottom of the barrel, to be mortgage paying, life building jobs. Jobs like McDonald’s shouldn’t be able to pay a mortgage. That’s not their business model. It takes people with no skills and teaches them the basics, allowing upward movement to other better paying positions.
All a $15 min wage will do is increase costs across the board. That $8 value meal will now be $14(estimate). Businesses don’t have the overhead to just eat the increase, their prices have to go up to cover the wage increase. These people are stupid.
How to create 20 more crab bucket Detroits.