RE: A logical response to raising minimum wage, based on current technology.

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I knew a guy who bought a small restaurant and it was doing ok but since they made burgers and fries they had a lot of competition from major chains. When the state minimum wage got raised by a couple of dollars one year, he slowly saw his ability to function as a business slip away and when he raised his prices to try to stay in business, the customers went elsewhere. It was pretty tragic because he worked really hard to build that place and the government made it basically impossible for him to remain open.



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That is the core, the business has to make hard cash on the labor of every employee to stay open! If they don't, you loose your job, because the business fails. The calculations I had to make, were based on Six times the income, due to government regulations, and healthcare costs. But now they have tripled the cost of healthcare, and raised taxes; so that number has to be nine or ten times today!

At $15/hour... that's a Hell of a lot of burgers that must be sold hourly!

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