Quote:
Originally Posted by L-Pink
If the minimum wage went to $38,000 the unemployment numbers would soar.
75% of all new jobs are created by small business. 50% of all workers are employed by small businesses. Most small businesses would fail or never get launched if entry level jobs started at such an absurd figure.
All your boarder line restaurant franchises as well as mom&pop locations would fold. So would a large percentage of franchised McDonalds.
But hey, some dumb 18 year old mother of 2 would be making $38,000 a year selling $10. Big Macks to a declining cliental. Wonderful.
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They wouldn't cost $10 because you can only charge what the market will bear. Also the mom making $8 bucks you are paying for her. Also its funny people in an industry that depends on discretionary income. Wants those wages not to go up when they are being the new normal for jobs available.