Business will respond in one of two ways with an increase in minimum wage (or do both). Fire someone or increase prices.
The net effect of increasing minimum wage with out an increase in production is more unemployment and higher prices.
Really the only ones that benefit from increasing minimum wage are unions, especially government employee unions since they are free from all normal economic restraints.
Businesses are likelier to fire all their employees and start using contract work or learn new skills to run their businesses themselves for effectively.
Today's teens are no longer mowing lawns, shoveling snow, or starting at the bottom. They've been indoctrinated to go to college and achieve some worthless degree in diversity or gender studies.
Rowe said there's actually tons of jobs available but these jobs no one wants to do because they think its beneath them or they don't have the basic skills to do them.
What’s the impact of two parents trying to live on $8.00 an hour?