this post was submitted on 15 Nov 2023
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Got to think about those poor business if they have to pay a nickel more for labor they would be broke
Joking aside, minuim wage is a hot issue. One side fully believes that minuim wage is in fact a bad thing and shouldn't exist. So for them putting a bill out that auto raises it would be counter productive to ~~their interests~~ business being able to hire with supply demand
If a business cannot function while paying a decent wage it should not exist.
Businesses with unrealistic business plans fail everyday, it is a basic function of capitalism.
It is not a society's responsibility to prop up business ventures that waste capital by continuing to pursue uneconomically viable enterprises.
And further more, if a business pays it's employees such a low rate that they need government assistance and the company is so important that they need to be subsidized like that, the company should be owned by the government.
Somewhere, a Walton just sneezed.