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A minimum wage isn't one coffee shop with expensive beans. It means Every shop has expensive beans.
by skidd0 8y ago
A minimum wage isn't one coffee shop with expensive beans. It means Every shop has expensive beans.
- romed 8y agoMinimum wage raises in America generally come out of the landlord's pocket, not the consumer's.
- chrisdhoover 8y agoI’m not sure what your statement means. Can you explain what you mean?
- romed 8y agoLandlords have wide pricing power. They basically get all of the money. Rents rise until merchants make minimal margins. If the law says that wages have to go up, that depresses margins and therefore rents.