1) By increasing minimum wage, you offer increased incentives to employers to hire illegals to do the work for the same low rate.
2) Due to having to put out more money, businesses will have to make job cuts (see #3), put out an inferior product or raise prices.
3) Since businesses will have to same amount of money to use on labor, the most obvious way to rectify this is job cuts. Those people who need the jobs will be hurt the most.
Either way, it's a good thing those Dems are in power. Now when people get laid off due to the soon to be stagnant economy, they'll have a lifetime of welfare to rely on.
your are correct - it will mean loss of jobs, higher prices, and the only winner will be....
the Federal and State governments.
1) By increasing minimum wage, you offer increased incentives to employers to hire illegals to do the work for the same low rate.
I don't know about elsewhere but, in Texas, I doubt there are any illegals working for min. wage. They've figured out how to get more money. Some are actually making fairly good money because they get no benefits. We got smart illegals here in Texas.