RE: About minimum wage
October 9, 2016 at 1:27 pm
(This post was last modified: October 9, 2016 at 1:30 pm by The Grand Nudger.)
The official position of the Clinton, campaign, for example..is 12 an hour. Well within the range of profitability for a sub shop...since they already pay it and already hit a margin.
I took my que from you...-you- used a 20% increase as a number.........that would, purportedly, necessitate an increase in price of goods and services that would inevitably be passed on to the consumer.
I took my que from you...-you- used a 20% increase as a number.........that would, purportedly, necessitate an increase in price of goods and services that would inevitably be passed on to the consumer.
Quote:Every business operates on a profit margin so every business has the ability to absorb slight fluctuations in costs while keeping prices stable. But from where I'm sitting, I believe we'd be looking at double digit precent of increase in costs. So yeah I'm just not buying that any car company, or any other company is going to watch the cost to produce their product go up by 20% or more and just say well we'll keep prices the same and just be happy with making less profit.........................?
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