thats why 10,000 businesses go bankrupt every month!! We need mandated higher wages to lose another 30 million jobs to China and India!!
You cant even imagine being dumber than a liberal and yet our country in in the hands of liberals.
Oh man, do i need to explain it again to you greedy fat white Republican wankas? Businesses go under all the time in America for various numerous reasons. But Minimum Wage isn't one of those reasons. When a business goes under, it's on the Business Owner. It's not on the workers. You fail, take responsibility. Don't blame others.
My God, just look at the restaurant business alone. Most only pay their servers and bartenders $2.50-$3.00 an hour. Yet hundreds if not thousands of restaurants go under every year. They failed because their owners failed. It had nothing to do with the Minimum Wage, because they didn't even pay a Minimum Wage. When a business fails, the owners have to take responsibility. It failed because of them. It is what it is.
What you consistently fail to take into account is what happens when you double a company's labor cost. If you bump it by 5%, the company might be able to absorb it with some minor increases in prices and maybe cutting a few employees' hours. Double it, like going from 7$/hr to %15/hr, and you have a different outcome. You keep saying "MW doesn't kill business", then argue that the MW can be safely increased. Fine, raise it to $100/hr then.
Let's put it this way. 42% of American workers earn less than $15/hr, and 62% earn less than $20/hr. Realistically, all of those workers are going to demand a raise of some kind when the MW goes to $15/hr. That means that over half the work force will either get a raise, quit, or work under protest. Sure, doubling the MW won't have any effect at all.