Against the minimum wage

A business has to make changes in order to comply with the minimum wage law and remain profitable. The business can fire employees , lower the product quality , and raise the price. You can guess which option the business owner would prefer. Corporations tend to be more capable of handling a higher minimum wage than small businesses are. So you are killing job opportunities by raising it . A better solution would be to reduce the income tax . Small businesses have to jump through regulatory hoops as well as doing what is needed to run a business. Nominal wage is the numbers you see on your paycheck .Real wage is the purchasing power of the cash you have in your wallet that you earned at work .

http://www.bls.gov/ooh/Healthcare/EMTs-and-paramedics.htm  Fast food workers want to make 15.00 an hour just like paramedics currently do.

A $15 Minimum Wage Would Cost 6.6 Million Jobs. Yes, 6,600,000 Jobs

http://www.forbes.com/sites/timworstall/2015/08/07/a-15-minimum-wage-would-cost-6-6-million-jobs-yes-6600000-jobs/

A quick video about the effects of the minimum wage .

https://www.youtube.com/watch?v=siW0YAAfX6I

http://www.frbsf.org/economic-research/publications/economic-letter/2015/december/effects-of-minimum-wage-on-employment/

http://www.bls.gov/data/inflation_calculator.htm  inflation calculator

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