Quote:I think if you raise minimum wage up to where I've been hearing, you will find pretty much every ones prices going up to adjust for it. Leaving it to be how things are now just with higher prices, those minimum wage workers will still be in trouble trying to afford a place to live and what not. May even send more small businesses closing their doors.

 

Minimum wage increase will definitely benefit large corporations as small businesses will be forced to cut employees and raise prices, forcing consumers towards the larger corporations capable of handling this change. It is definitely a corporate power-play. However, I think that even for large corporations, a minimum wage increase will force them to seek cheaper alternatives to personnel labor. This is going to create a technological boom in which corporations will compete to find new ways to replace workers. Like I said, this is good for engineers and developers, but bad for lower-end worker. I only wonder what they will do with this new unemployed work force that will be created? I mean, if the jobs are getting done and profit and production remains the same, but unemployment continues to rise, do we start to look towards a living wage for people that are basically incapable of performing higher-tier work?

 

I mean, it is not like you can ask Jamal the career burger flipper of Jenny the paper-pusher to start writing professional development code, architect intricate technological designwork, or maintain complex mechanical structures like drones or robotics. Some people can do it, most cannot. What do you do with them?

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