More Smug than Birthday Dog
I tend to think that prices would go up instead of workers being let go. I mean, does any minimum wage workplace hire some surplus of people? For the most part, minimum wage jobs are all about figuring out how to get things done while spending as little as possible. They aint gonna fire anybody. Now price increases would be a reality. Personally, I dont mind paying an extra five cents for a McChicken and I shop at Publix and I think they already pay better than minimum wage, so it wouldnt be that huge of a deal for me. I guess it would force some Wal-Mart price raises though. I just cant see leaving minimum wage the same even as the cost of living keeps rising. As far as I can see, any other time minimum wag has been raised it hasnt had the negative impact some claim it will have.