Quote:
Originally Posted by Rathji
So everyone gets a raise when minimum wage goes up? If that's the case then you are 100% correct. If not...
Even if what are are saying is correct, the dishwasher gets a 35% raise. The link cook gets a 26% raise, the framer gets a 16% raise. The person at the bottom gets a larger buying power increase, unless everyone will get a 35% raise, and you and I both know that isn't happening.
Food prices might go up, but not by 35%. There are very few businesses where labour is 100% of the cost, but I am am pretty certain that things like supermarkets, restaurants, gas stations, housing, where a large portion of an average person's income goes are not among these. They have so many costs that are not tied to local minimum wage labour that it would be impossible for such an increase to impact their bottom line by the same amount.
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Excellent post, and you're right to a degree, but you also have to accommodate for fewer hours and positions available.
The whole point is to help all of them right? So you still have to help the workers that are laid off and cant find other work.
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