@ASoftstar 1-) Raising the minimum wage will hurt, because the business owners will have to raise the price of their products to cover the cost, or let people go. A lot of jobs will be lost, & then unemployment will go up! I learned first hand by watching, when people got raises, at...
@ASoftstar 2-) ...my workplace, or if the cost of supplies went up, so did the prices of the products being sold. It has a trickle down affect everywhere.
@ASoftstar 3-) The suppliers, in this case, my boss's suppliers, will have to go up on their prices, because they will have to pay more for their suppliers. ...
@ASoftstar 4-) Then, the supplier's suppliers will have to go up & so on. It doesn't end until you get to the top, but you know that no one plans to loose money on this. Some people will loose their jobs. Some of those people will get replaced by machines, if they can't be replaced by...
@ASoftstar 5-) ...then obviously people left there would have to work overtime.
It would be an extreme rarity for a boss to take a loss, to give workers a raise.
The suppliers at the top win, because most others are incapable of creating their own supplies.
It would be an extreme rarity for a boss to take a loss, to give workers a raise.
The suppliers at the top win, because most others are incapable of creating their own supplies.
@ASoftstar 6-) ...So we need to decipher, how does this play into politics, because we know that they don't want to lose financially, or in any other way!
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