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**DoctoBuntonTen** · 01-22-2007, 01:46 PM

Its simple logic. If you increase the wages of a business, you increase its costs. It either accepts the cost increase, hurting its profits, or cuts costs, hurting quality, staff, or the consumer, through firings ro price rasies. Furthermore, a wage increase at the low end inflates costs all the way up the chain, making it worse.

Liberals don't understand the concept of a capitalist based economy. They really do think money grows on trees and the evil wealthy are the only ones who have access to these trees. If the min wage increase is passed into law watch how economy reacts. Look for an increase in unemployment and look for small businesses to decline. You just can't force businesses to pay someone more than they're worth and not have any repercussions.

The best case scenario is that since very few people make mimimum wage, it will have no effect, so whats the point? There are currently 4 million jobs unfilled in this country, nearly all paying more than minimum wage. As the minimum wage increases don't you think those that are making a bit more than the minimum wage are going to want an increase as well?

Varus

01-22-2007, 01:46 PM	#27
DoctoBuntonTen Join Date Oct 2005 Posts 501 Senior Member	Its simple logic. If you increase the wages of a business, you increase its costs. It either accepts the cost increase, hurting its profits, or cuts costs, hurting quality, staff, or the consumer, through firings ro price rasies. Furthermore, a wage increase at the low end inflates costs all the way up the chain, making it worse. Liberals don't understand the concept of a capitalist based economy. They really do think money grows on trees and the evil wealthy are the only ones who have access to these trees. If the min wage increase is passed into law watch how economy reacts. Look for an increase in unemployment and look for small businesses to decline. You just can't force businesses to pay someone more than they're worth and not have any repercussions. The best case scenario is that since very few people make mimimum wage, it will have no effect, so whats the point? There are currently 4 million jobs unfilled in this country, nearly all paying more than minimum wage. As the minimum wage increases don't you think those that are making a bit more than the minimum wage are going to want an increase as well? Varus
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