3 ms·
The implicit assumption as far as I can tell is that you, as "nasty business owner", are making much more than 50 cents of margin on your employees' hourly labo
by pbh101 12y ago
The implicit assumption as far as I can tell is that you, as "nasty business owner", are making much more than 50 cents of margin on your employees' hourly labor and that minimum wage hikes will make you eat that cost. I haven't looked closely into the studies put forth, but it is repeatedly mentioned that studies show that unemployment (and partial employment) doesn't go up when the minimum wage increases.