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Comments about ‘Why small businesses want a higher minimum wage’

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Published: Tuesday, April 22 2014 10:55 p.m. MDT

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Max
Upstate, NY

Hilarious! Increase my competitors costs so it will be easier for me. Is this really the function of government?

GaryO
Virginia Beach, VA

"A higher minimum wage helps reduce the structural advantages large corporations have over small businesses?"

How?

I don't get it.

If everyone pays more for labor, how does that benefit the small business owner?

. . . .UNLESS . . . The small businessman is already paying more for each unit of labor than his larger competitors in order to hire superior workers. Superior workers create a superior product, which equates to customer satisfaction.

If the minimum wage increases, his competitors must raise their prices, making his product more desirable in comparison, but even then the benefit to his small business would be only temporary.

The labor he hired is already superior because he pays more money. With a higher minimum wage, everyone would be paying more money, and his status as an attractive high-paying employer would be diluted, and he could lose his great staff . . . unless he raises the wages he pays . . . And then we're back to square one.

Sorry, but the whole line of reasoning seems bogus to me.

. . . Unless I'm missing something.

A higher minimum wage would benefit big debtors, and maybe that's the real but hidden reason behind all his silly-sounding justification.

mcdugall
Murray, UT

@Max - One factor to consider is the extremely favorable tax and legislative influence larger corporations have over small businesses, the owner quoted in this article is simply suggesting to slightly level the playing field. This will cause a marginal increase in prices to the consumer but should held reduce the need for government assistance programs.

Ben H
Clearfield, UT

If you run a restaurant and you want to pay your dishwashers like office workers, then you are free to pay your dishwashers like office workers. You will have the best dishwashers in the business.

The only reason this makes sense is because a minimum wage increase will give the business owner an excuse to pass the new expense on to his/her customers. That is called inflation and it is not good for the economy.

Dog Fur
Prather, CA

This article made no sense to me. Maybe Karl Marx could help us understand this logic.

Kings Court
Alpine, UT

Small businesses are finally waking up to the fact they are under attack from large businesses and corporations who finance political campaigns and control politicians that steer largesse their way. For instance, Utah has economic incentives that benefit large businesses but never give those incentives to the small businesses. In fact, some of those big businesses put small competitors out of business using tax payer subsidies. Billionaire investor, Nick Hanauer has given TED talks and written books on how the destruction of the middle class and their disposable income is destroying our economy which is based on consumer spending like most capitalist systems do. Many small businesses are seeing that there is no longer enough middle class people to spend money to keep their businesses going, leading to more layoffs, even less consumer spending and a continuing of this vicious cycle down the economic toilet our country has become. I suspect once people wake up to basic capitalistic economics and that large corporations have bought politicians to rig the playing field in their favor, things will finally begin to change.

A Guy With A Brain
Enid, OK

The first sentence in the article: "Small-business owners are looking for an increase in the minimum wage, as it’ll grow their businesses and allow them to compete with the big boys in town."

Well, this was obviously written by a liberal......

The only way any small business owner is thinking it's a smart move to raise the minimum age is.....wait a minute. There is NO good reason to do this.

They can pay their employees more and then after that they raise the prices of their goods. After that, they can watch fewer and fewer customers walk in their doors until they have to close thier doors for good.

Happy now?

(And, by the way, ANY business can pay their employees more at any time if they want. Why wait for a mandatory wage increase? If they REALLY cared about their employees, wouldn't they do that no matter what?)

chazkron
Salt Lake City, UT

What about small businesses who manufacture their products in America, and compete with small businesses who don't? How would raising the minimum wage help them exactly? Just so happens, I run such a Made in USA business.

Screwdriver
Casa Grande, AZ

It's not hard to believe at all. Small business owners largely sell discretionary purchases and services. If nobody has any money left over from the essentials, business will be bad.

The fact is most of the large chain profits leave the country. The stuff is made in China and the profits get shuffled over to tax havens. Even the large food chains get there food from other countries and whenever they can they hire illegal immigrants to work for them.

American workers; you are either for us or against us.

Weberboy
Fruit Heights, UT

One problem with this article = inflation. inflation, inflation, inflation. Like anything that sounds too good to be true, raising the minimum wage is a fluke.

kiddsport
Fairview, UT

Why $15? Why not $25? Why not $100? Everybody will adjust their salaries and prices accordingly and, guess what? The poor will be right back where they were. Suppress prices? that's how the produce shortages in Cuba, Venezuela, Russia, et al, were created.
What's the solution? Let free agency take its course and allow consequences to provide the proper education, providing support for the most indigent cases just below a minimal level of comfort so as to promote progress to self-sustenance.
Of course, this should always be coupled with the recognition of the value of charitable giving administered by the most effective organizations- those at the grass roots level.

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