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Originally posted by: malibber2
Great news a higher minimum wage means fewer people on the government programs so many of you profess to hate. There is also the larger economic picture to look at and that is people with disposable income tend to stimulate the economy by spending their money. The future is a Mc Job for many of you. If not yourself your kids or grand-kids will end up working this type of job because that is all there will be for them to work. You would be surprised how many of those fast food workers and retail workers have a college degree.
If this was such a good idea and would benefit so many people, why wasn't it implemented immediately? Do it now! Right now! Force every employer to pay that wage today. Spreading it out over 4 years doesn't make any sense if it is nothing but good for the economy, right?
...the people who promote this crap have no idea what it actually costs a small business to employ someone. Unemployment insurance costs money. Workers Comp insurance costs money. Forced health insurance costs money. FICA taxes cost money. It is very likely that small (and large) businesses that pay minimum wage for unskilled and/or training positions are already spending $15/hour or more to employ people at that level. Raising the base cost to provide jobs at the lowest pay scale will not help the people who need and want those jobs. The jobs will vanish. More welfare dependents, or even worse, more homeless people.
I've owned several businesses. I've written many pay checks. Whenever the government forces a business to reduce business income by increasing employee costs, cuts will be made. Those cuts will be jobs.