How do you live on $50 a week, or for that matter, $270 a week?

[Major Nikon]

24. You should go out of business if you pay your employees shit wages when everyone else is paying more

It means you have no idea how to run a business. I've been on both the labor and management side and have hired and fired more employees and manage more payroll per year than you've probably managed in your lifetime. I know exactly what it means to run a business and have been doing so for quite some time quite successfully. Believe it or not, it's not all about you. If everyone has to raise their wages, then it's a level playing field. Yes, costs will go up, but that simply reflects the true cost of labor. If everyone's labor costs goes up and they stay in business when you can't, then you probably were going to go out of business regardless. If you think Walmart is going to pass on the additional labor costs to their stockholders instead of their customers, you have no idea how they operate. You are simply parroting out small minded libertarian gibberish. It's the exact same anti-union mentality that says organized labor breaks the back of business. There have been numerous minimum wage increases throughout US history big and small and each time businesses big and small just kept right on truckin' and in fact employment increased rather than decreased in almost all instances, including small businesses.