Why not raise prices by 10%
Because the food sucks to begin with?
Why not raise prices by 10%
maybe you were one of those people who wasted money by going to college.
And maybe you are a guy who has never started and run his own enterprise?
Your answer or mine?
Did you borrow money from your parents?
Did you borrow money from your parents?
Faithful, a good friend of mine (a lifelong Republican and merchant banker) asks start-ups he invests in to pay first their employees 20% more than the going rate. His logic is you need good and loyal employees at the beginning. Plus, it makes it less likely they would get better offers during your ramp up and rollout period.
Paying the least you can is often very detrimental to the long-term health of your company.
My response to bacon. Point by point.
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I would argue that part of the problem is that minimum wage workers aren't more educated than they were 40 years ago and that is the problem.
--923 makes this point well, so I won't go into much detail. There was a lot more someone could do with a high school diploma 40 years ago.
What do you do about it? I'm not proposing a solution, however I personally think that you can't force a living wage on people who can't command a living wage.
What is meant by "why do we blame them"?
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You provided your own example.