Quote:
Originally Posted by Shazam
So zero employees have jobs instead of three. Well that works out gooder.
|
I guess all the money patrons were spending at that restaurant(or any business) that closed down will simply go under their mattress. There's no chance they would spend that money at other businesses. Since there's no chance of that, then by default there would be no chance of those other businesses seeing growth and creating new jobs. No chance any of that happens at all. I guess the only thing we know for certain is that raising the minimum wage can't possibly have good benefits that outweigh the bad.
I find it interesting how people seem to try to justify their argument by creating a timeline of events and then stopping as soon as it's convenient for their argument.
Phase 1- raise minimum wage
Phase 2- employer goes out of business, employees can't work there anymore
Phase 3- ???? (What happens then? Armageddon? Zombie apocalypse?)
As opposed to
Phase 1- Maintain current minimum wage
Phase 2- ?????
Phase 3- Profit! (For employers)