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GU3: How does the Minimum Wage Bill effect your Business?

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The Minimum Wage Bill

On MSNBC Melissa Harris-Perry discusses the pros and cons of raising the minimum wage.  Basically, the democrats are saying that it will stimulate the economy and the republicans are saying that it will hurt businesses; who will have to hire fewer people and in turn, hurt low wage workers who will have fewer jobs.

Discussion on:

  • Linear approach to minimum wage
  • Nonlinear approach to minimum wage
  • What to do as a Global Entrepreneur who has employees
  • Finding solutions by not looking in the same place that the problems were created

 

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