LogFAQs > #950256247

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicIs CE for or against $15 dollar minimum wage?
Houston
02/03/21 10:23:45 PM
#26:


I don't think there should be this big "once size fits all" leap. There are many states with a much lower cost of living. Someone making $15/hr minimum wage in Alabama when they were used to $7-$8 will be living on the hog compared to someone in a much more expensive state making $15/hr.

I think many smaller businesses would absolutely suffer, particularly in states with an already low minimum wage. Increase the federal minimum by a bit, okay, sure. Let the states decide, okay.

But you can bet there are going to be some adverse effects on some smaller businesses having to pay their employees almost twice as much overnight. Whether that gets passed on to the consumer or the business goes under is up for debate.

A blanket, $15/hr national min seems like a lot for some states.

We already live in a country largely controlled by big companies and big business. Maybe they can hold up and eat the costs without raising prices. But I'd hate to have an even smaller diversity in choices of business than we already have (i.e. small business, locally owned, etc)

---
"Sometimes you will never know the value of a moment until it becomes a memory." - Dr Seuss
... Copied to Clipboard!
Topic List
Page List: 1