Lol if all you have is 3 employees than you should probably plan better when it comes to inflation. What I’m really talking about is big corporations and franchises who could easily afford to pay their employees more. Your point a about 3 employee means dick, because well, there are only 3 of them.It also depends on how high you raise the minimum wage. If the federal wage was raised to $11 per hour (thus most state wages would go up too), the increase in prices would be pennies on the dollar. Meanwhile, millions of people would have an extra few hundred bucks to spend per month.Let me ask you this. Corporate profits are at an all time high as is worker productivity. Despite this, wages for the poor are way behind on the cost of living even if they work 40 hour weeks. Are you really going to tell me profitable businesses don’t pay more because they can’t afford it?So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.
Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.
Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.
We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.
Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.
Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.
"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.
She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.
My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."
People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein
That would depend on how much you feel a burger should cost.
Pennies on the dollar? You may want to work on those math skills. Let's say minimum wage went up $3.75/hour, you had 3 employees, so you need to charge an extra $11.25/hour. Then let's say you sell 50 burgers/day, which means the burger should need to go up somewhere near 22 cents. Although the meat plant also had to raise prices, along with the tomatoes, lettuce, mayo, pickles, buns. What sounds fair to cover those costs, 50 cents? Now the price of the burger is up 72 cents, but 72 cents is too difficul for most to calculate, so they make it an even $1.00. You still on board? Because you haven't ordered fries and a drink yet.
I could easily afford more to get my lawn cut, but I don't pay more than the prevailing price. I doubt that you do either.