If for any reason you believe you received this email in error or if you no longer wish to receive these emails, click here to unsubscribe. Jan 15, 2021 Spin Control Image Source: Redstate
Biden is already cranking out a plan to ruin small businesses across the country. Part of his $1.9 trillion stimulus package includes a federal $15 minimum wage.
Anyone with any small business experience can tell you that raising the minimum wage will wreck our economy for all but the major corporations.
First, the vast majority of small businesses can't afford to pay a wage that high as an absolute minimum. Just look at areas that have already done it. Minimum wage workers soon regretted the change as most of them lost their jobs or saw their weekly hours drop drastically.
The other side of that coin involves inflation. With a minimum wage hike comes price increases across the board. Of course, liberals refuse to acknowledge such a risk because they believe the government knows best.
If the new minimum wage becomes a reality, prepare for another major economic slump in its wake.
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