Well then let’s crunch the numbers
Say you are paying $10 an hour and need to pay $15 to attract good workers
For a staff of four, that is an extra $160 a day in wages
Are you saying a days profit will not cover $160??
For some, yeah. I guarantee it. Even in a great economy, there are always some businesses that are right on the brink of bankruptcy. The slightest push will close them down. And of course it depends on how much the workers are willing to settle for. The higher it is, the more likely it will be that the business will no longer be viable.
But I'm with you in the hope that workers will stand up for themselves. If they do they'll likely get higher wages.