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What happens if minimum wage goes up?
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<blockquote data-quote="MendozaJ" data-source="post: 1767337" data-attributes="member: 55737"><p>If you want to ascertain the actual effect of $15 on a small business, why not reference one that actually has raised its wage to $15, two years ahead of time (The article says two, but I believe it's actually six years because I don't believe he employs over 500 people). Higher paid employees, higher menu prices, tipping unnecessary, and a 20% increase in business. Everything else is pure speculation. </p><p></p><p><a href="http://www.komonews.com/news/local/15-minimum-wage-a-surprising-success-for-Seattle-restaurant-320277931.html" target="_blank">http://www.komonews.com/news/local/15-minimum-wage-a-surprising-success-for-Seattle-restaurant-320277931.html</a></p></blockquote><p></p>
[QUOTE="MendozaJ, post: 1767337, member: 55737"] If you want to ascertain the actual effect of $15 on a small business, why not reference one that actually has raised its wage to $15, two years ahead of time (The article says two, but I believe it's actually six years because I don't believe he employs over 500 people). Higher paid employees, higher menu prices, tipping unnecessary, and a 20% increase in business. Everything else is pure speculation. [URL]http://www.komonews.com/news/local/15-minimum-wage-a-surprising-success-for-Seattle-restaurant-320277931.html[/URL] [/QUOTE]
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