Quote:This is not directed at anyone in particular, I am just curious.

 

It seems to me the majority of conservatives against raising minimum wage are implying that cheap, poverty line level wages, are a prerequisite to having a successful business. That they cannot compete in the open market without cheap wages or the prices for goods/services will skyrocket. The way I see it is that this is only the outcome if you want maintain the same profit margins. Would it really cause businesses to make no profits and close down? 

 

It's actually just an ad hominem attack. Swap the idea of someone being a business owner for any other facet of existence and you can understand the psychology behind it.

 

"obviously you've never been white and male, so you can't understand 'reverse racism and reverse sexism'"

 

See how absurd the sentiment is?

 

It's just his way of reconciling cognitive dissonance. He doesn't have to deal with being wrong if he simple can label me as unqualified to offer information. By undergoing that mental exercise he cuts off consideration before it can happen.

 

To answer your question, when the wage floor is raise it happens for all businesses, no one loses ground, they just have to pay a living wage and either take the increased wage cost out of profits or raise prices a small amount. (wage costs are a fraction of the marginal cost involved in any product, you don't get a 1/1 increase in costs when wages are increased)

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