4 ms·
> minimum wage will lower employment from small business significantly; i.e. small shop owner will get by with one less garcon to pay the other one more. As a
by gjulianm 6y ago
> minimum wage will lower employment from small business significantly; i.e. small shop owner will get by with one less garcon to pay the other one more.
As a counterpoint, where do we put the threshold then? I could argue that if I could pay employees in breadcrumbs, I could create a new company that would be profitable and I would increase employment!
In this issue, either you're driven by empirical data of the exact effect of minimum wage on social welfare (which is impossible to achieve without actually doing those changes) or you're driven by ideology. Mine is that someone with a full time job should at least be able to live a decent life, specially in our current society where we clearly have the capacity to do so.