In answer to all who proclaim that raising the minimum wage will devastate small business, I am about to enter my 83rd turn around the sun and have seen it raised more than a few times.
Much breast-beating and bellowing about imminent disaster always follows but never happens. Somehow, our economy has and will continue to absorb such modest efforts, admittedly never sufficient for those earning it to live on but somehow enough to mollify the left and infuriate the right.
Shouldn't a wage floor enable one to earn above the poverty line rather than live beneath it?
There's an easy way to understand what increasing the minimum wage to $9 an hour, as President Obama has proposed, would do to the economy.