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The Water Cooler
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Minimum Wage - the fallout!
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<blockquote data-quote="Jwryan84" data-source="post: 2844423" data-attributes="member: 8933"><p>Labor is one of the highest costs of doing business. Raise wages and prices have to go up or the business won't make as much money as it did before. No profit and shareholders get pissed or private business goes belly up. Pretty basic understanding. </p><p></p><p>Not to mention the actual value of the money after an artificial raise in wages.</p></blockquote><p></p>
[QUOTE="Jwryan84, post: 2844423, member: 8933"] Labor is one of the highest costs of doing business. Raise wages and prices have to go up or the business won't make as much money as it did before. No profit and shareholders get pissed or private business goes belly up. Pretty basic understanding. Not to mention the actual value of the money after an artificial raise in wages. [/QUOTE]
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The Water Cooler
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Minimum Wage - the fallout!
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