"They'll just raise prices if thy raise the minimum wage."
April 14, 2014 at 11:08 am
(This post was last modified: April 14, 2014 at 11:09 am by Rampant.A.I..)
The only reason labor is "priced out" of the market is to increase bottom lines. Big business does not care if their employees are homeless or destitute. They want cheap labor, demonstrated by the fact unions and regulation became a necessity.
I'm unsure how raising minimum wage by a few dollars to a living wage is in any way comparable to raising minimum hourly to $1000. Is there a point to that kind of hyperbole, or do you honestly believe if companies are obligated to pay a fair exchange for their labor, and unable to fire employees to hire cheaper labor they will simply opt out of hiring labor?
I'm unsure how raising minimum wage by a few dollars to a living wage is in any way comparable to raising minimum hourly to $1000. Is there a point to that kind of hyperbole, or do you honestly believe if companies are obligated to pay a fair exchange for their labor, and unable to fire employees to hire cheaper labor they will simply opt out of hiring labor?