Loading ...re your…”It doesn’t matter how much the minimum wage is raised they’ll just raise everything else while killing more jobs.”
That is false media info. In reality in many cases they won’t be ABLE to raise prices, eat it and take less profit. Like when the rent goes up on a Pizza Place. After the owner retires, he’ll just have less wealth.
My friend had 60 employees. At $7/hr. If he had to pay $15? At his retirement? Instead of 15 homes he owns, he would only have 7-8 homes he rents out.