| Rpruett said: You and the above, completely don't get it. It's oh so painfully obvious. Go start a business and then start talking. SMH. |
I don't think you get it.
The bulk of consumers are low-income and middle-income earners, If the minimum wage is increased, everyone earns more. Which means everyone can spend more. Which means more chances for your business to profit.
My country has a $17.70 minimum wage, small businesses do perfectly fine, in-fact, they employ the majority of people in my country, which completely destroys your belief.
https://ww2.kqed.org/news/2017/01/03/minimum-wage-goes-up-and-so-does-business-thats-what-this-fast-food-ceo-says-happened/
http://www.valuesandcapitalism.com/what-actually-happens-when-you-raise-the-minimum-wage/
https://hiring.monster.com/hr/hr-best-practices/small-business/employee-motivation/raising-hourly-wages.aspx
It also means more people can afford your ridiculously overpriced education and healthcare in the USA so they can have more opportunities in life.
www.youtube.com/@Pemalite
