>small and family owned businesses are absolutely hurting likely because profit = revenue - expenses and expenses (in the form of wages) have gone up more than

>small and family owned businesses are absolutely hurting likely because profit = revenue - expenses and expenses (in the form of wages) have gone up more than revenue. Raising the minimum wage has always been bad for margins. That's why those restaurants (and economists indirectly on their payroll) try to convince us that it's bad for workers too.