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The extra it puts in their pocket is negated by the increased cost of goods. It's the very definition of the dog chasing it's tail. You even admitted such by mentioning the inflation.My first real job at a five and dime in 1970, I was paid less than minimum wage for being under 16. What if there was a less than minimum for teenagers like there was back then? Would that make you happy?That was basically my point to Moonbat. Giving these people 15 per hour devalues everyone else's dollar. All the way up the scales. It would cause a major problem in salaries in every business.View attachment 164037
Even McDonald's acknowledges that their business was intended for children.
Holding businesses that are created with the employment of kids & college students responsible for the poor choices people make in life is wrong. If you're in your mid to late 20's or higher & working for minimum wage you have no one to blame but yourself. You're poor choices should not result in a 10.00 Big Mac or 4 dollar fry.
The Establishment is trying to get everyone to be able to afford paying their own healthcare. So that if in case Obamacare is removed, that they will still have clientele that can afford to buy their expensive meds. Even though, that everyone else will want a raise because they do not want to make the same wage for someone that is flipping burgers..,Like school teachers and scientists that they makes around that amount. But basically, that the burger makers are going to be making the same amount but with healthcare. The Establishment is not giving out nothing for free.
Around here, it isn't 16 year olds that get up at 4 a.m. and drive through every snow storm in order to open the store and serve grumpy and insane customers their breakfasts. If an employee is reliable and does what they're supposed to do, why shouldn't they make enough to pay their rent? If the minimum wage goes up, yes, it will cause some inflation. It will also put a lot more money in people's pockets, and they will spend it, which is good for the economy.
Isn't that the whole idea behind the proposed Tax Bill?
You just failed to connect the dots.