Re: Effects of raising minimum wages in USA

Sgt.Sausage wrote:

Better wage means I, as the employer, have to spend more to pay
those wages. Either I make cutbacks (which likely won't happen -- we
run a pretty lean machine in my shop) OR, alternatively, I raise my prices
so I can now afford to pay the higher wage.

OR you get more business from your customers, since they now have more
disposable income. ANY increase in wages is going to generate more
business. It will be a little hard for employers first month or two until
people get their extramoney and start extra spending. But after that you
should see an increase in business.


.

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