Gold Supporting Member
- Mar 3, 2013
- Reaction score
You seem to have even less understanding. Business can simply pass on some costs to the consumers like they do for everything else they can get away with. Why are right wingers so disingenuous?That proves my guess is correct. You have no clue how difficult it is and how many expenses small business owners incur to make their business profitable. The profit margin is typically small, a $15 an hour MW all but guarantees a secondary wave of closures.Something tells me small business owners complaining about a Minimum wage are just lousy Capitalists who can only make it on the back of Cheap labor in our First World economy.Something tells me you have never been a small business owner.After all that fat cat socialism under the Blob, Biden has some real useful present for the populace: An increase of the federal minimum wage by more than 100 %.
Federal minimum wage has been frozen at $7.25 for more than a decade, the longest period without a raise since 1938.www.cbsnews.com
and if the consumer can't afford the new prices?Business can simply pass on some costs to the consumers like they do for everything else they can get away with.
SHould they rob a bank?