If the employees in question “who wont make the cut” are the legions of administrators, auditors, contractors, consultants, legal experts, diversity regulators, health and safety reps, community organisers and empty suited time-serving managers that infest the senior ranks of most organisations, then an 11% raise in the minimum wage would be a grand idea, stimulating retail spending on basics and helping lift the economy out of recession.
Unfortunately, the job cuts are almost always at the “sharp end”, so this isn’t a good plan.
The mandates of the minimum wage laws are quite simple to avoid. Simply put, HIRE NO ONE ELSE. There, fixed. Thousands may be laid off, but worse, hundreds of thousands will NEVER be hired. High school and college students will be unable to find that “summer job”, prodding the government to step in with its next nightmare program.
For those who have jobs, hours are cut back, and with it total income.
None are so blind that they refuse to see what is before their eyes.
A std min wage for the whole country is stupid. $7.25 is much more in Desmoines IA than it is in Northern VA. You might be able to actually survive on 7.25 in Desmoines.....