So tell me just how much are you going to cut your pay so that someone can make $10.10 an hour? 5%, 10%, 15%, 30%?
To raise the minimum wage to $10.10 an hour is roughly a 30% increase, do you really expext all the companies that employee people at minimum wage to take a 30% increase in their cost of labor and not try and recupe the cost in some way?
You clame to be a business owner could you handle a 30% increas in your business costs, not change anything in the way you do business and continue to keep up?
Just basic economics tell you that it would be impossible to do so for long. It's not greed it's simple economics and business.
Re: Obama / Minimum wage $10.10
Member #: 5567
Registered: 1996-2001
Posted:
3797
Name:
John
Company:
County Gov
Occupation:
Fiber Design, Construction, Maintenance
Location:
Washington DC
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