I'm open to them raising the minimum wadge just not the jump that most states are looking to. I'm using the $10.00/hour because the $15.00 that most of these labor movement are asking is stupid and will devastate the economy.
In the past the biggest businesses hit by a minimum wadge boost was largely just in the service industry. (Restaurants) A jump to $10.00 will start to affect industrial jobs as well, since most of those jobs start at $9.00/hour. And the owners of those business will artificially raise their own wadges just to keep a standard. So instead of seeing about $.60 price increase on you eat out order, you will see it spread into the items you buy at retail. Not to mention it will create a "ripple effect" in the market since it may also affect logistics also, I'm not too up to date at the starting wadge of truck drivers. (The prices of transporting raw and completed materials.)
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