Apparently, the letter writer promoting a higher minimum wage has never owned or managed a business, or had to make a payroll out of her own pocket, with borrowed money, or even taken a basic economics class.
As one who has done all of the above, I offer a few facts the socialists seem to ignore.
For most small businesses, including retailers and fast food eateries, which operate on a very thin profit margin, payroll is the biggest operating expense. Any increase in labor costs must be offset with higher prices on the products they sell, or higher production from the employee. If the cost if a person’s labor is greater than the value an employee produces, that person will probably become unemployed.
Most minimum wage jobs are entry-level positions for kids just learning to work, (and most of them in this day and age should be paying their employer for the training, as they have no clue as to the meaning of work).
Several years ago I advertised for a receptionist, requiring telephone and advanced computer skills. One of the applicants had spiked hair, purple on one side, and green on the other, with multiple piercing of lips, cheeks, ears, eyebrows, etc. Her computer skills were: her brother had a computer. She was actually a graduate of Payson High School!
If one is still earning minimum wage after a year, they need to look at their own shortcomings. When I had employees, if they had not made any progress in six months, they were terminated.
Every increase in the minimum wage has resulted in increased unemployment rates. In the Obama economy, teenage unemployment is over 20 percent and black teenage unemployment is over 50 percent. An increase in the minimum wage will only increase those numbers.
A minimum wage increase in small town Payson would lead to more unemployment, or closed businesses, as the owners could not survive the demands on their already thin bottom lines.
Oh, and by the way, those big corporations do not employ the minimum wage workers. Their franchisees and other struggling small businesses do.
The states with the highest minimum wages have the highest unemployment rates, and all have been run by Democrats for many years. Most of them are bankrupt, or close to it.
There is no recovery! The only gains of the top 1 percent have been to Obama’s top 1 percent crony bundlers who have been given hundreds of millions of our dollars in exchange for their hundreds of millions of dollars they bundled to buy Obama’s stolen “re-election”