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Ian
Lv 5
Ian asked in Politics & GovernmentPolitics · 2 months ago

If a small business owner has to pay their workers $15/hr, how will they survive? Shut down? Be forced to work a minimum wage job? Who can?

 live on THAT!?!?

6 Answers

Relevance
  • 2 months ago

    Most of the are already gone.  This will get the rest.

  • ?
    Lv 6
    2 months ago

      Simple. The owner either will raise prices or cut the work force. One or the other will happen. Myself, I would let people go / cut the work force but  keep the people I can depend on to show for work. Less people to call off work. Less people who have to be insured on company property, so lower premiums. So now who is the winner here.

  • 2 months ago

    Canada has been doing it for years. No one went out of business. Businesses and Republicans always spout the same worn out lies. Many companies in California have been doing this for years and there is still a shortage of workers. 

  • 2 months ago

    So A) You're upset that the minimum wage might be "too high" ($15), so you'll have to shut down and then B) you're upset that the minimum wage is "too low" to live on? 

    You kind of have to pick one - is it too low or too high? 

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  • 2 months ago

    He'll have to cut 25% of his workforce AND raise the prices on his consumer goods to make up the difference.

    Or.  Leave the prices the same and cut 50% of his workforce.Doubling the minimum wage is just like having to double the staff.  

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  • 2 months ago

    Lol ikr where's the logic in that?

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