Comments by "Dennis" (@Dennis-nc3vw) on "By the Numbers: US minimum wage" video.

  1. In Austin Texas minimum wage is $7.25 yet even Panda Express pays $17 an hour. Minimum wage is unnecessary and only destroys opportunities. For example, minimum wage is why it was impossible for me to get an internship as a web developer when I wasn't enrolled in college.
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  2. Mega-corporations like Walmart run profit margins of about 1.1%.
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  3. If they're laying off workers the workers have to be more of a loss than a gain to them. Are you telling me Pizza Hut should hire people out of charity?
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  4. Look at the actual profit margins of big corporations and then tell me what's ridiculous. Walmart's profit margin, for instance, is only 1.1%. A business cannot operate in red ink. Besides, corporate profits aren't juts for rich fat cats, if you have a 401K retirement plan you are living off of corporate profits. You also can't force people to invest, if profits aren't attractive there are no investors, and then no business.
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