>A doubling of the minimum wage would likely increase by expenses by 35% - assuming the minimum wage didn’t impact where my food was purchased. This is why ther

>A doubling of the minimum wage would likely increase by expenses by 35% - assuming the minimum wage didn’t impact where my food was purchased. This is why there a large fields of economic theory that warn against minimum wage hikes. Right. Because it's savage towards profit margins they tell you that they'll be forced to lay people off to scare you... even when they won't do any such thing.