re: Raising minimum wage

So let’s say I employ 10 people at $10/hour.
Raise the minimum wage to $15/hour, and I’ll need to lay-off 4 people.

Just raising wages doesn’t magically increase the value of the job. The people making $15 will be the cream of the crop, and expected to do more.

Those 4 that were let go will have a hard time marketing their lack of skills, and will go on welfare.