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Old Aug 4, 2015, 08:02 PM   #58
sandorski
Radeon Volcanic Islands
 
Join Date: Jan 2003
Location: Canada coquitlam, bc, canada
Posts: 3,994
sandorski is still being judged by the masses


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Quote:
Originally Posted by NITE View Post
Actually, they are not doing the CEO a favor because now his clients are leaving him because lack of experienced workers. So now, he's renting out his house to try to pay the bills.
It is a simple economic fact, raising the minimum wage too high hurts the people it is purported to help. Example is a hamburger flipper. You were making 10 bucks an hour and the burgers cost 5 bucks. You now are getting 15 bucks and the burger now costs 8 bucks. Self defeating. Oh, and fast food restaurants are not a career. They are a way to earn a few extra bucks to get you on your way to better yourself, and earn a higher paying job.
His clients left him not due to lack of experienced workers. They were afraid of supporting this company and receiving a backlash from others by doing it. IOW, they were afraid of Political/Social repercussions.
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