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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (498510)7/27/2009 4:47:52 PM
From: tejek  Read Replies (1) of 1578445
 
$84,000 for the businesses who hire these people is a lot of money. For example, I had a client lawn care contractor in this category where the owner made $100k/year (this was some years ago, today he probably makes 140k). So, suddenly, his income drops to $56K from 140k.

You think he isn't going to cut some guys loose?

If he cuts those guys lose, then three possible scenarios present themselves........he was overstaffed, the quality of his service will suffer or he himself will pick up the slack. I repeat my original position......any business that can't weather an increase in the minimum wage is operating marginally at best and will go under one way or another.
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