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Originally Posted by TomJoe
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Originally Posted by Alonzo Fyfe
(1) Some marginal businesses -- those just barely making enough to stay in business -- close their doors, putting their workers out of work.
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We hear about all these tax breaks for big business. Exactly what is being done for small business? I love how Exxon reported it's largest profit gain ever last week, yet we were all suffering with $3/gallon gasoline prices. |
on the gas thing, suffering?? kind of strong in the language considering most of the world pays like 6 dollars us for a gallon of gas and have for years. i would actually like to see such a tax passed here in america exempting commercial trucks.
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(3) Automation becomes more cost-effective. Raise the minimum wage, and watch Wal-Mart increase the number of self-service checkout counters at its stores. Indeed, Wal-Mart may very well be seeking an increase in the minimum wage precisely because it can avoid those costs through greater automation that its competitors cannot afford.
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Good point. I had not considered this. I have noticed more of these self-service checkout counters at its stores, and do admit to using them because they're faster and IMO easier. I guess one should be suspect when Wal-Mart, which is all about the bottom line, is lobbying for something eh?
Good points, all of them.
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the automation thing was a great point.