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"Some businesses cannot be profitable and therefore will not exist at certain minimum wages, though" If they require lower wages in order to be sufficiently pr
by jonhendry18 7y ago
"Some businesses cannot be profitable and therefore will not exist at certain minimum wages, though"
If they require lower wages in order to be sufficiently profitable, but those lower wages mean the employees have to rely on taxpayer funded safety nets to survive, maybe the business shouldn't exist?
Because otherwise this is essentially a demand for taxpayers to subsidize the profits of a private enterprise.
If Target and Walmart need employees on food stamps in order to make a profit, maybe we should just fully nationalize them instead of just subsidizing their profits.