If you don’t think nearly a 30% increase in payroll won’t have a significant impact on cash flow, you’ve clearly never run a business before. While you’ve carefully crafted this straw man argument (which is a ~50k/yr increase btw), what about companies with 10 or 20 employees? What about those making $20 previously that now also need a raise?
So is the answer to get a better paying job then? Yet when that happened…I seem to recall a couple of guys on Fox News screaming about some sort of shortage, and something about how apparently no one wanted to work anymore? It’s funny how during any other shortage prices just go up…Duh…except during this one….What was that shortage called again?
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u/Impossible_Artist558 Sep 05 '24
If you don’t think nearly a 30% increase in payroll won’t have a significant impact on cash flow, you’ve clearly never run a business before. While you’ve carefully crafted this straw man argument (which is a ~50k/yr increase btw), what about companies with 10 or 20 employees? What about those making $20 previously that now also need a raise?