View Single Post
Old 05-18-2016, 10:31 PM   #8
FRPLG
MVP
 
FRPLG's Avatar
 
Join Date: May 2004
Age: 46
Posts: 10,164
Re: You mean minimum wage hikes come out of *our* pockets?

Quote:
Originally Posted by MTK View Post
I'm calling bullshit to above

Confronting the Parasite Economy
The premise that small companies paying low wages are somehow hurtful to our economy is the biggest pile of shit I have ever read. I have a friend who owns a successful photo shop. By successful I mean he can stay in business where many in that market can't. He owned three locations but recently closed one because he simply could not afford to staff it even at the current minimum wage. The business, as many in the low wage area, has miniscule margins. Raising labor is simply not an option. What is it that so many people don't get about many of these jobs? They are low skilled and can be filled by virtually anyone willing to work. Why would any company, especially one that exists on a thin margin, pay more in labor costs?
FRPLG is offline   Reply With Quote

Advertisements
 
Page generated in 0.15534 seconds with 10 queries