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Read his statement and my question again. He said he would pass the cost on. My question was if his competition would do the same. If they are currently priced the same and they don't increase their prices then xUT will loose business. If they all increase then everyone has to pay higher prices.southwind said:At what point does a company, especially a small one, decide, after "Eating" the higher cost of labor, that the profit has shrunken to the point that its not worth staying in business any longer?
signals said:Ready...Aim...raising minimum wage is yet another way to get rid of the middle class. Most employers don't adhere to it and do offer above minimum wages. Raising MW will force those that pay above MW to cut costs, which eventually will bring those in higher wages competing with minimum wage. Don't get it? We are becoming a third world nation!
I say we're headed more towards a Norway/Sweden/Belgium/Switzerland/Finland/Germany/Denmark/Netherlands/Canada. Last time i checked, ...my noted countries were on the top of the "10 happiest countries" list.
Now think: 15 Now. That’s the slogan of a group of far-left activists who are pushing Seattle to force a 61 percent wage increase — yes, that’s the kind of shock to the system it would be — on everyone next year but a select group of small businesses and nonprofits.
If Seattle’s publicly owned electric utility suddenly announced a 61 percent rate increase on every household, people would be marching in the streets. In recent months, a host of restaurateurs, servers, nonprofit groups — self-professed progressives all — have come out against the rush into a blanket $15 wage. In a state that already has the nation’s highest minimum wage, at $9.32 an hour, these people favor giving the lowest workers a raise, just not the blunt application of the $15 figure.
Immigrants would be the first to lose their jobs under such a mandate, and many family restaurants would be forced to close, Asian and Latino business owners wrote in a recent letter to Mayor Ed Murray of Seattle. “As small business owners within the immigrant community, we act as job, language and social training centers for many new immigrants,” the group’s letter stated. “We forgo our own pay to make payroll.” One consequence of a $15 mandate could be the relocation of entire immigrant communities to neighboring cities.
http://www.nytimes.com/2014/04/25/opinion/egan-how-to-kill-the-minimum-wage-movement.html?_r=0
700UW said:So why dont you just eliminate any protections for workers and go back to Master and Servant or Indentured Servitude?
700UW said: