Using your a business as a landlord to compared to an OEM medical instruments manufacturers is way off. I gave increases every year. You are using your opinions based from your anti MW..Nothing more.....
.If you think my new employee care about making more a buck from MW.... the lowest entry is $16+/hour for janitor, warehouse workers and clerks with no experience but with excellent benefits including college programs. If they are not happy they can go some where else. They can go to McDonald’s and start at $13 wait till 2 years to $15 with minimum or no benefits. See the difference?
Waiters that works for my relatives in Seattle seafood restaurants makes $14 before January 2020 now at $15. Mostly works 6 hours a day, an Increase of $1 that is $6 a day for 8 waitress and 2 bus boys = $60 a day for 10 employees. BIG ******* DEAL the owner can afford to lost $2,000 in a casino in one visit. What is $60 or $500?
The same with my friends that own McDonald’s franchise here in California.
Seattle MW started in 2015.... people like you OMG OMG OMG Seattle is going to collapse.... 5 years later... show me any business in Seattle that closed because of MW. Show me a business that close in the entire US because of MW.
Why do you people on the left always ask for evidence, and when we provide it, ask for it again like you've never seen it before? You even responded to it making claim the new MW didn't hit them yet. But if you were really a business owner, you'd know if things are looking bleak in the near future, you don't wait until your every last dime is spent, you close way before that time to have a little capital to perhaps invest in something else.
***1. When MW takes a drastic hike, it effects everybody, not just those making minimum wage. It's a domino effect that causes huge inflation. It's what happened when unions were strong. You didn't have to work for a union company to make good money. In good times, nonunion companies had to increase offers to compete with those union companies for employees. A domino effect. That priced us out of the world market, and It was responsible for outsourcing and companies moving out of state or the country to get away from the unions. Same thing will happen with a huge MW increase. Trust me, I've seen it. I talked to business owners and supervisors when I delivered crates for them to pack machines and tools up to move.
***2. Also if you really owned a business, you'd be familiar with the stats that most small businesses fail within the first five years. Not all companies have owners that are in Vegas blowing 2K a week. Some are barely getting by and currently struggling even if there were no virus at all. An increased MW for them could be the straw that broke the camels back.