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Originally Posted by woosterbert
Hate to disagree John but minimum wage deals don't drive jobs overseas, it is the greedheads who want to maximise profits to the nth degree. Big corporations dont give a toss about anything but the bottom line whilst masquarading as patriots.
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"...the last minimum-wage increase cost the restaurant industry more than 146,000 jobs, and restaurant owners put off plans to hire an additional 106,000 employees."
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And, yes, it does send jobs overseas.
Pretend for a second that you were a business owner, and you also had the skills to do basic math.
You pay minimum wage to 100 people in a factory. If you move that factory to China, you'll pay one-third of that. What do you do?
Yes, it's a well known fact that jobs are going overseas by the millions. When was the last time you put on a shirt that was made in the US? Or watched a TV made in the US?