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Originally Posted by Relentless
That's VERY true and only gets worse when the people running a business are not the people who built the business. It's also exactly the reason why things like minimum wage are so important. You'd have a hard time finding any business with an actively engaged owner paying people under $9.00 per hour... this law isn't about them. It's about the bean counters in a central management accounting department who think paying $6.25 would look good on a spreadsheet and get them a promotion at a meeting about quarterly profits.
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The only thing the min. wage does is destroy jobs and opportunities by fixing the cost of labor at an artificially high price deemed whatever a politician wants.
There are plenty of businesses who might employ some of the MILLIONS of unemployed for $6-7/hour if they could and what would be the harm in that? Is having them on welfare, bankrupting the country and doing nothing better? You do know that there is a 1 trillion deficit and a 16.4 trillion national debt and 12 million unemployed dont you?
Now is not the time for silly laws that fix the cost of labor, now is the time to repeal them!
Abolish the Minimum wage!