Forever 21, one of the examples in the article, is an immensely profitable company. They had profits of $3.4 billion last year. It's not that they can't afford to cover workers' health insurance; they don't want to because they can shave off overhead by pinching pennies. That speaks more of their avarice and duplicity than of a failing in the law.
And they like to keep their profits u there. I never said it was moral or that they can't afford it but raising the minimum wage would only hurt the general public
Most of my links pull from all across the web. The only non-liberal bastards i have seen is the Fox News one. However i will say this, not everything you find on the internet is all true. Thats why i base most of my reasoning on real world events. Think back to the last raise in in 2009 when it was raised to $7.25. The inflation that we saw then was insane. I remember it clearly because i was stil somewhat new to the workforce and was excited for the increase until the trickle effect happened and slowly gas prices rose, grocery items started going u and all around prices soared higher. That is what we call INFLATIONHere's a counter-opinion to the first article - the minimum wage does not cause inflation. The guy who wrote that identifies as an Austrian-school economist, which is based on inaccurate models that aren't borne out by empirical data. Rather than evidence, it relies on something called "praxeology" (i.e. bullshit). It is considered by serious economists to be pseudoscience. The only country that uses something approaching an Austrian model is, um, Somalia. And they're doing great, right?