The problem with your argument is that you are making it based on raw data. There is not enough context to it. You are not taking into account the nature of the economy.I am looking at this table:Why are you so convinced that would happen? Like I said, raising the wage to 10 would kill very few jobs anyway.Again... It is so disheartening to see the gross inability of many people on this forum (that by the way are generally more informed then the average uninformed voter) don't read closely! You people are more ready to "emote"... to "feel" ... to be "compassionate" rather then THINK!
Case in point... unintended consequences of raising minimum wage by nearly 50% will mean businesses buy more robots for the tedious tasks low skill entry level people that perform ...hence they will become unemployed as they by definition have little or no skills!
Minimum wage increases have never been in 50% increments because most logical and economically aware people know you can't do this massive jumps without destroying something... in this case jobs!
raise the minimum wage of the crew payroll by 50% ($7.25 raised to $10.10 is a $3.55 per hour increase which is 48% more then what the $7.25 figure is now.
Faced with raising the current "Crew Payroll" of $540,000 by 48% means "Crew Payroll" of nearly $800,000 or an increase of $259,000.
Right now below net net profit is $153,900 but with increase of $259,000 due to "crew payroll" increase A LOSS of almost $105,000! A LOSS!
Solution then is NOT to increase Crew Payroll but keep the same with fewer crew members by replacing with robots or more customer self serve!
FACTS... these crew members will be out of a job!
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