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The Water Cooler
General Discussion
is a 9.00 dollar minimum wage the answer?
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<blockquote data-quote="TerryMiller" data-source="post: 2104589" data-attributes="member: 7900"><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">While I've never been a business owner, I have been a manager in a few businesses. From my experience, when minimum wage went up, it heralded in a cutback in the number of employees or a cutback in their hours of work performed. That was the result <strong><u>IF</u></strong> the businessman didn't want to increase his prices. If you had two or three similar businesses in an particular area and one chose to pay the extra minimum wage and charge more, they lost business to those that kept their prices low.</span></span></p></blockquote><p></p>
[QUOTE="TerryMiller, post: 2104589, member: 7900"] [FONT=Georgia][SIZE=3]While I've never been a business owner, I have been a manager in a few businesses. From my experience, when minimum wage went up, it heralded in a cutback in the number of employees or a cutback in their hours of work performed. That was the result [B][U]IF[/U][/B] the businessman didn't want to increase his prices. If you had two or three similar businesses in an particular area and one chose to pay the extra minimum wage and charge more, they lost business to those that kept their prices low.[/SIZE][/FONT] [/QUOTE]
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is a 9.00 dollar minimum wage the answer?
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