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<blockquote data-quote="LarryBird" data-source="post: 3974198" data-attributes="member: 76548"><p>No, I agree a $15 per hour min wage would cause prices to rise. Without legislation and government involvement. Otherwise there's no way that business doesn't pass the cost along to the consumer. A $15 per hour min wage has the power to greatly devalue wages for all workers. It could totally stagnate the economy if done wrong.</p><p></p><p>But with the right implementation, and business acting in a forced good-faith arrangement with government, it could work fine. Losing a little bit of profit to pay workers a living wage, instead of having government, by way of the taxpayers, subsidize your workforce isn't too much to ask. If it puts you out of business, then your business plan wasn't very sound, and you were operating on margins that were gonna bankrupt you anyway. Better you got a head start on a new venture.</p></blockquote><p></p>
[QUOTE="LarryBird, post: 3974198, member: 76548"] No, I agree a $15 per hour min wage would cause prices to rise. Without legislation and government involvement. Otherwise there's no way that business doesn't pass the cost along to the consumer. A $15 per hour min wage has the power to greatly devalue wages for all workers. It could totally stagnate the economy if done wrong. But with the right implementation, and business acting in a forced good-faith arrangement with government, it could work fine. Losing a little bit of profit to pay workers a living wage, instead of having government, by way of the taxpayers, subsidize your workforce isn't too much to ask. If it puts you out of business, then your business plan wasn't very sound, and you were operating on margins that were gonna bankrupt you anyway. Better you got a head start on a new venture. [/QUOTE]
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