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In reply to the discussion: The Minimum Wage & Math [View all]
 

Egalitarian Thug

(12,448 posts)
24. That 4 out of 5 small businesses fail in the first two years meme has always been
Mon Dec 10, 2012, 03:07 PM
Dec 2012

about owners being foolish and/or greedy. I think your point is one of the most important points that we usually ignore. Politicians just love to talk about small businesses, but when it comes time to write bills and vote, the small business is always up for sale.

The Minimum Wage & Math [View all] Laxman Dec 2012 OP
'strip mine mentality' leftstreet Dec 2012 #1
+1 limpyhobbler Dec 2012 #2
Raising the minimum wage is the best economic stimulus ever! Coyotl Dec 2012 #3
Oregon $8.80 Coyotl Dec 2012 #4
Yes, plenty of small businesses have margins AlexSatan Dec 2012 #5
$26,000 per year is for 10 employees.... Dread Pirate Roberts Dec 2012 #6
Great answer from CincyDem AlexSatan Dec 2012 #8
As a small business owner... CincyDem Dec 2012 #7
Thank You For This Reply Laxman Dec 2012 #10
Healthcare? ieoeja Dec 2012 #16
A possible negative side effect DukeDevil Dec 2012 #9
...or you could take less profit n/t leftstreet Dec 2012 #11
How much profit do you take? (nt) AlexSatan Dec 2012 #12
Those businesses typically aren't making hundreds of thousands a year. joeglow3 Dec 2012 #22
The "business side" replies posted previously have shown some of the problems Egalitarian Thug Dec 2012 #13
That Was Really The Main Point I Was Trying to Make Laxman Dec 2012 #17
That 4 out of 5 small businesses fail in the first two years meme has always been Egalitarian Thug Dec 2012 #24
Sure, paying higher wages has effects on business Spike89 Dec 2012 #14
The NJ Proposal Laxman Dec 2012 #15
Not to disagree with your point, it is perfectly valid, but it does reinforce mine upthread. Egalitarian Thug Dec 2012 #18
Agree with you almost completely Spike89 Dec 2012 #19
That is an excellent point, but I'm not sure that is bad thing (regional appeal). One of my biggest Egalitarian Thug Dec 2012 #20
I love regional Spike89 Dec 2012 #21
I oppose the minimum wage. FreeJoe Dec 2012 #23
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