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View Diary: DC Mayor Rejects Living Wage Ordinance. California to Raise Minimum Wage to $10. (70 comments)

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  •  The negative impact on jobs happens no matter what (0+ / 0-)

    the minimum wage is.  Companies who would fire someone to save $15.00 an hour have already fired them.  Those companies already operate at the minimum number of jobs they can get away with.

    Will they have to raise their prices?  Perhaps.  But so will their competitors.  All the more reason to raise the minimum wage for everyone rather than wait for the companies to do it on their own.

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