Congress was unable to pass a mimmum wage bill, needing at least eight more votes in the senate. While it would be nice for wages to go up, including mine, the reality of the situation is that if minimum wage were to go, it would effect my business a little bit. Most of the folks that work for me make 6.80-9.00/hr. There would be a few that would grumble about not making much more than minimum wage, they are more than welcome to go to work somewhere else. I would be a lot more hesitant to hire new people, as trainees get paid mimimum wage and I am not prepared to spend more money than I already do. I might end up cutting a couple of cooks that work for me, at least the lower paid ones, as I am not going to spend more payroll funds than I already do.
CNN.com – Bid to increase minimum wage nixed – Jun 21, 2006