> Essentially, your statement singlehandedly destroys minimum wage arguments. "If I could pay less, then I could be profitable, otherwise I am not profitable an

> Essentially, your statement singlehandedly destroys minimum wage arguments. "If I could pay less, then I could be profitable, otherwise I am not profitable and thus won't hire anyone." Yes. That statement shows exactly why minimum wage is economically unsound in the long-term. e.g. why else would McDonald's feel the need to automate their cashiers?