There's Been a Massive Shakeup at the National Security Agency
Senate Republicans Appear to Have the Votes to Push Through Trump's Budget Reconciliation...
Pentagon Watchdog Launches 'Signalgate' Investigation Into Pete Hegseth
United Kingdom Weighs Striking Back Against US Tariffs, and It's Asking Businesses for...
An Ivy League Professor Flees to Canada and You Will Be Made to...
'Designed for Battle' Isn't a Valid Argument for Gun Control
Did '60 Minutes' Put Out Their Worst Segment With Lesley Stahl Providing Cover...
Kamala Harris Did More Than Just Endorse New WI Supreme Court Justice
Trump Weighs In on Proxy Voting Proposal, and It Looks Like There May...
Bernie Sanders Once More Tries, Fails Miserably to Get His Anti-Israel Resolutions Passed
Is AOC Really the Democratic Party's Leader? Here's What These Polls Say.
Senate Votes on Confirming Dr. Oz for Role in Trump Administration
We Will Hold Rogue Judges Accountable, Rep. Gill Says
Will the Liberal Media Cover This Horrific Crime Story?
Surprise: The 'Pro-Palestinian' Mob Has Nothing to Say About Hamas Murdering Palestinians
Tipsheet

38% of Employers Will Lay Off Workers if Minimum Wage is Increased

How many times do we need to talk about a minimum wage hike? How many different angles do we need to come at it? A minimum wage increase would severely hurt the economy. More and more interesting reports keep coming out showing all the reasons why a minimum wage hike could hurt the U.S., but President Obama keeps touring the nation telling people how much we need it!

Advertisement

A new survey of 1,213 business owners found that unemployment would increase as would prices of goods and services. 54% said they would reduce hiring and 65% said they would be increasing the prices of their good or service.

Additionally, the survey found that 38% of those employers would lay off workers if they had to follow a minimum wage increase. 213 of the survey’s respondents currently pay their employees minimum wage.

Clearly President Obama is not thinking this through. Study after study keeps finding that this minimum wage hike would severely damage our unemployment rates. And there are more and more examples of employers saying they will find another way to make their products or provide their services with fewer employees if the minimum wage is increased.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement