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To: Enlightened1

Businesses welcomed the new “minimum wage” (actually a minimum hourly rate). Now they’re trying to get out of it. If they had had any sense, they would have opposed it as something the government has no right to impose.


20 posted on 07/23/2015 6:06:59 AM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country)
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To: I want the USA back

It’s actually if they had principles, since for places like McDonalds driving up the minimum wage makes sense.

McDs and other large fast food providers can absorb the higher minimum wage, simply by adjusting their business model and by applying economies of scale to buy the massive number of machines that will replace the $15 per hour workers.

It’s the smaller restaurants that can’t easily change their business model or absorb the costs, and which will be driven out of business. Which eliminates McDs and others’ competition.


38 posted on 07/23/2015 9:35:14 AM PDT by tanknetter
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