Thursday, March 26, 2020

how might increasing minimum wage help small businesses?

Damaris Weiler: okay then i guess what are some opinions about how increasing minimum wage might help small businesses using logical arguments?

Debora Rinderer: Sorry, but the idea that increasing minimum wage will help small business is not a fact, is an opinion that cannot be supported with logical arguments. How does forcing someone to pay out more money help them?

Shemeka Laker: A lot of people make minimum wage. If they all made more, they could spend more. Some of that spending would be done at small businesses.It would also drive inflation and slowly eat away at that raise but, that's tangential.

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