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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the biggest hurdle to owning and operating a small business is surviving the taxes the first few years.. . I know the first 2 years I was in business taxes lifted almost every penny of my cash surplus
