[Mr. Brightside]

The minimum wage is going to be at $7.25 everywhere in short order anyway.

But the city is also demanding another $3 in benefits for every employee.

Plus, these stores will have higher insurance, higher rates of theft and vandalism, and higher employee turnover.

Something will have to give. There's not that big of a margin.

[cbkaty]

Plus, these stores will have higher insurance, higher rates of theft and vandalism, and higher employee turnover.

Well.....aren't these businesses in the business of giving away profits? They exist as entities of the state......or city councel. /sarcasm

The small businesses may be laughing now....eventually the socialists will come for them too.

[rintense]

Exactly. And if a city council can dictate wages and benefits, can prices be too far off as well? This is just so wrong on so many levels.

[spintreebob]

re: "Plus, these stores will have higher insurance, higher rates of theft and vandalism, and higher employee turnover."

Extortion from the political machine far outweighs shoplifting.

Shoplifting is pretty much the same in the suburbs as in the city, at least in the electronics chain I'm familiar with, and from my many years in loss prevention.

[100%FEDUP]

Just like EVERY other big corp Target and Walmart are pushing for another tax break. Increasing the minimum wage is no big deal, like you said. Even the $3.00 in benes means nothing since a majority of Walmart and Target Employees are PT and don't get benes.

Heck, pretty soon all we'll have is PT jobs with no benes and be forced to accept Social Healthcare.

But as long as the Politicians, Lawyers and Corporate Execs are happy all is well!