The key to minimum wage or not paying a living wage for your area is ....Who makes up the difference?
If you don't pay your workers a wage on which they can support themselves or their families, it is the taxpayer who steps in to pay housing subsidies, food stamps for medical care
THe business profits off of substandard wages and leaves it up to the taxpayer to make up the difference
One last time. Minimum wage jobs are not for 'support'. These are entry level low or no skill occupations. There is no magic wand that can be waived to simply 'give them more money'.
The low skill or entry level job pays what it pays based on the skill level, value of the job and ability to produce revenue for the employer. It also is based on the supply of workers that can perform the job.
In other words, minimum and low wage jobs pay rates are appropriate.
This argument for $15 per hour is going nowhere.
Should by some insane act this comes to fruition, one of two things will happen. One, the employer will simply raise his prices to cover the increased cost of labor, or two businesses will close. Name your poison.
Oh, you should know that there is no such thing as "making up the difference"..The difference of WHAT?
And another thing. The profit margins of most small businesses are very thin. Any radical increase in costs can be damaging.
I fully realize that the liberal view of the small business owner is the person that pays 'slave' wages while they live in mansions in gated country club communities.
And that the business owner has no right living so well while his employees allegedly struggle.
Hardly the point. The business owner is taking ALL of the risk. It is HIS money. The employees can come and go as they please. Many min wage workers, especially younger ones are unreliable, take excessive numbers of sick days steal, do shoddy work, etc....
Before you go off whining about the alleged plight of the fast food worker, perhaps you should get to know a few of the franchisees and see what they have to deal with in operating their businesses before shooting off at the keyboard.