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Originally Posted by TehKinkyHotness
Raising minimum raise will fix nothing. If you make $6/hr at mcdonalds and the law changes to $9.50 it now costs mcdonalds more money to make that delicious hamburger. Who do you think is going to absorb that cost? McDonalds? LO fucking L. McDonalds will simply raise the price of the hamburger so its a wash in the end. Your $1 burger will now cost $1.50.
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And prices are too high customers won't buy. So no McDonald's won't raise prices. As I said the local wal-mart eat at Mcdonald's right? With more money isn't it logical to assume they will either go more often or perhaps buy a more expensive combo? Don't those increases in sales offset the higher wages? Of course they do. You fail to see the BIG picture. McDonald's raises price anyways even without a minimum wage increase so that's BS. They use that as an easy excuse. Not to mention when they passed the increase they gave businesses a tax cut so please.
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What I'm saying is that if minimum wage is raised, the cost of goods and services will absorbed by consumers not businesses.
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And if allowed to continue to pay low wages comsumers will be subsidzing poor workers through higher taxes. Which part that don't you get?
Fact is every other time minimum wage was raised the haters all said inflation would increae when in fact it did just the opposite. You can't find me ONE example of where minimum wage increased and inflation went up and the minimum wage was the cause of it. NOT ONE.
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Fact is they cant afford a wage hike like this. They have to make it up somewhere and thats the price of the goods.
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If business person is so inept that he can't proivde for a decent wage perhaps he souldn't be in business? Perhaps he should be working for somone. On ecould make the case that a low minium wage keeps people in business that really shouldn't be in business. If I run a business but the only way I can make profit is paying workers 43 an hours should I be allowed to do that because my skill as abusines person sucks?