Well said.If I go to school, get a business degree, work hard, save my money, make enough of myself for the bank to take a risk on me and loan me a truck load of money to start a franchise,*I* am the one taking all the risk. When business is bad, I am the one stressing over paying the bills, and generating more sales, and luring in customers. Not the unskilled dude I hired to flip burgers. Not the people that can't read thus making it necessary for me to get cash registers with pictures. Those people clock in, do what I pay them to do(hopefully) and clock out. They have no skin in the game. If I go out of business, I lose big. They don't. So sorry if I don't feel compelled to share a substantial amount of my profit with the guy who presses the button that looks like a filet o fish. I didn't take on all this risk and o all this work to provide them with a better life. I did it to provide me and my family a better life. I hired them to do the grunt work. Jobs that require little skill and little training. If I need an accountant, I will certainly pay more because the job the accountant does is worth more. I will pay more for legal counsel, marketing people. People that bring valuable knowledge and skill. People that can do things I can't.
The guy scooping up the fries? Sorry, the service you provide is not worth that much if I can get any high school kid in the country to do it with no special training.
If I have to bump all the low wage workers wage by nearly 50%, you think *I'm* gonna pay myself less? Hell no. Prices will go up. Rising prices not good for business.
The liberals on here will say you are a greedy SOB for wanting to make 150k a year after your 1M to 2M start up investment, despite all the risk you take and work you yourself have to do to run the business, tho.