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re: Minimum wage battle is going to destroy small businesses!

Posted on 4/2/24 at 9:30 pm to
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26478 posts
Posted on 4/2/24 at 9:30 pm to
quote:

How do we determine what the market will bear

The maximum amount the consumer is willing to pay for a product or service, and the company which offers it is still able to profit.

A mandatory minimum wage boosted above and beyond what is expected will foster a more elite society and root out the riff-raff who can't compete in the marketplace .... is that necessarily a bad thing?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 4/2/24 at 9:47 pm to
quote:


A mandatory minimum wage boosted above and beyond what is expected will foster a more elite society


Posted by SoFla Tideroller
South Florida
Member since Apr 2010
30493 posts
Posted on 4/2/24 at 10:14 pm to
quote:

A mandatory minimum wage boosted above and beyond what is expected will foster a more elite society and root out the riff-raff who can't compete in the marketplace .... is that necessarily a bad thing?


Price and rent controls have always been such a resounding success, why not expand them to wages?

Do you try to appear stupid, or does it come naturally?
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