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To: central_va
central_va said: "One employee can do the job of four? Sounds like a management issue not a minimum wage issue."

If you raise the minimum wage to $100 per hour, there will be no customers for the product or service affected.

At $15 per hour, some of the customers will disappear. Every job will disappear which doesn't generate sufficient revenue to justify the wages. Every wage increase changes the criteria for justifying the existence of that job.

In some cases, the customers may absorb the increase. If they don't, then higher paid workers may subsidize those who are paid less.

What will not happen is that entrepreneurs will operate businesses at a loss. Only governments do that.

85 posted on 04/04/2016 12:47:33 PM PDT by William Tell
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To: William Tell
At $15 per hour, some of the customers will disappear.

Wait, you are not making sense. 4 emp. @ $7/hr is $28/hr. 1 emp. @ $15 is $15/hr a $13/hr savings.

105 posted on 04/05/2016 5:28:14 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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