5 ms·
Regarding your mom and pop store example: some businesses should fail. If they cannot afford to keep full time workers out of poverty, they cannot afford to run
by krisdol 12y ago
Regarding your mom and pop store example: some businesses should fail. If they cannot afford to keep full time workers out of poverty, they cannot afford to run a business that hires workers.
- Infinitesimus 12y agoBut when that happens, we have both the owners of the stores and their employees joining the unemployment pool. Then what?
- talmand 12y agoYou seem to be assuming that it is the decision of the business to keep the employees in poverty. They might be able to afford to run a business that employees fewer workers, which is the opposite of the intent. It's one thing for a business to fail due to market forces or poor choices by management/owners. It's another for a business to pushed into closing, thus employees losing their jobs, by a government mandate that attempted to make the employees' lives better. That's the initial wave of negative consequences that I said would have to be survived before the positive results would come to fruition.
- ufmace 12y ago>full time workers What if somebody doesn't want/need a full time job, or to hire a full time worker? That's one of the things that bothers me about boosting the minimum wage. Force all businesses to pay enough to raise a family of 4 for every job, and people who don't have a family and don't need the money will now have a harder time finding jobs that meet their needs, because nobody can create a job unless they can afford to pay somebody much more than they need.