Not sure why this is getting down voted so hard. There are a ton of small businesses that have really small margins, just think about how many didn’t survive COVID. Any businesses that hire lots of low skill labourers would struggle to get off the ground.
Yeah but then it’s not a good business. We could lower the minimum wage and more business plans become viable. But at some point it’s like I rather that single mom stay home with the kids than work for $7 an hour. It’s better for the economy and society to have people doing higher value stuff like raising kids than stickering boxes or something for minimum wage.
Not sure why this is getting down voted so hard. There are a ton of small businesses that have really small margins, just think about how many didn’t survive COVID. Any businesses that hire lots of low skill labourers would struggle to get off the ground.
Yeah but then it’s not a good business. We could lower the minimum wage and more business plans become viable. But at some point it’s like I rather that single mom stay home with the kids than work for $7 an hour. It’s better for the economy and society to have people doing higher value stuff like raising kids than stickering boxes or something for minimum wage.