Quote Originally Posted by .blank cd View Post
So, assuming this is 100% correct (albeit limited) information, and the math works out as it should, and I could effectively double the minimum wage at McDonalds by charging an extra quarter for my dollar burger and current consumption rates remained stable, would this topple a US economy?

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topple? no, but all you would do is pay the Minimum wage worker more, and his dollars would be worth LESS. You would have solved nothing and caused a raising in prices, and also massively distorted unskilled and skilled labor jobs. The toppling effect would be extremely detrimental to the low skilled worked you are trying to help.

Cost of unskilled labor going up means cheap goods will raise in prices which.........doesnt help the low paged worked.

Raising the minimum wage to $15 hr HURTS the worker, doesnt help them at all, actually hurts everyone else as well. A business doesnt operate in a vacuum , all other competitors will be affected.

A 25% price raise kills the middle class and poor. thats all that matters.

Simple fact is they are unskilled labor workers, they deserve the lowest wages out of unskilled labor workers because they do a job anyone can master with no education and no training. these jobs arent made to be careers (unless you go into management). If they dont want to work for minimum wage, they get to go find a job that pays them better. If they cant, thats not mcdonalds problem.

I say give them their $15/hr raise, and then layoff half the workforce. Or fire them all because there are people waiting to take their jobs.