(April 30, 2016 at 4:56 am)SteelCurtain Wrote: The problem comes with small businesses.
My family restaurant that was barely staying afloat would have basically doubled it's employee costs with raising the minimum wage to $15.00/hr.
The US Government and the "Rising Tides Lift all Boats" fallacy failed to tie the MW to inflation and cost of living increases. If you kept them tied, businesses could keep up with the influx of cash in their marketplace. Now, with large jumps in MW necessary to pay unskilled workers a minimum wage, it is an untenable situation.
I think the answer comes in keeping the average welfare payouts the same, and moving the money towards small businesses that shoulder the load for MW increases. So if an city/municipality normally paid out $XX in welfare, when all of these people that collected no longer qualify, you shift the money for 5 or so years into employee tax rebates for small businesses under a certain number of employees.
Some variation in that theme would help.
The reality is that it takes a lot of man hours of labor to operate any business. If the owner can't supply those man hours from his own family he has to pay workers. If he can't pay for the workers then he's in the wrong business. He has to pay full price for utilities and other operating costs. Why should he be able to steal labor from his workers? That's what slavery is all about.
