A Quote by Fabrizio Moreira

Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would be forced to either lay off workers or raise prices to offset the rise in labor costs.

Fabrizio Moreira

Quote Topics

Burden Business Business Owners Businesses Companies Costs Early Either Employers Family Financial Financial Burden Forced Labor Lay Minimum Minimum Wage Off Offset Owned Owners Particularly Prices Raise Raising Represents Response Rise Stage Start Start-Up Substantial Ups Wage Workers Would Would Be

Quote Author

Fabrizio Moreira
Ecuadorian - Politician
Born: January 18, 1982

Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.

Nick Hanauer

I was on the committee that helped raise the minimum wage here in Seattle. I introduced a statewide bill to raise the minimum wage in Washington state my first year in the state senate, and I really believe that raising the federal minimum wage, while not the answer to everything, addresses a lot of the issues at the very bottom.

Pramila Jayapal

I know firsthand that many employers who comply with other labor standards still hire the undocumented. Many businesses pay the minimum wage and have barely tolerable working conditions because there are sufficient undocumented workers willing to accept those terms. If we care about low-income workers in this country, we need to create pressure to improve their economic condition by reducing the supply of unauthorized workers.

Maria Echaveste

Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers.

Max Keiser

Taking the politics out of setting the minimum wage provides fairness for workers and predictability for businesses. This legislation will also protect the most vulnerable workers and level the playing field for employers who play by the rules. These are the right steps to take; they will make Ontario a better place to work and run a business.

Kevin Flynn

[E]conomic liberty and creative entrepreneurship are the basis of any solution to today's social and economic difficulties. Blaming business, setting wages, and attempting to run the economy by decree from Washington only exacerbates the problems. Consider the minimum wage. It seems so simple: Tell business to pay its workers more. But a hike in the minimum wage is essentially a tax, punishing precisely those companies that hire workers with the least skills.

Doug Bandow

With less competition, corporations can use their power to raise prices, limit choice for consumers, cut wages for workers, crowd out start-ups and small businesses.

Hillary Clinton

Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities.

Tom Perez

A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.

Jacob G. Hornberger

We're telling small-business owners that not only are we going to raise their costs by a buck and a quarter, but we're also going to raise it with these cost-of-living adjustments. Here's what's going to happen: They're going to have to lay people off.

Chris Christie

I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.

John Sununu

Businesses generally deal with minimum wage increases by finding efficiencies in their business practices or slightly increasing prices if they have to, not cutting jobs. Of course: because they need staff to make their businesses run!

David Rolf

People will say 'how can you have a plane when your workers are on minimum wage?' I said 'but I don't set the minimum wage.' If the minimum wage would be the living wage, then the Government who set the rules should set it at the living wage. That's how I look at it.

Mike Ashley

If I thought that raising the minimum wage was the best way to help people increase their pay, I would be all for it, but it isn't. If you raise the minimum wage, you're going to make people more expensive than a machine. And that means all this automation that's replacing jobs and people is only going to be accelerated.

Marco Rubio

I'd be 100 percent supportive of a minimum wage - kind of industry specific, maybe regionally specific - for guest workers, so that we're not creating incentives for employers to bring in immigrants to lower the price of labor.