Amazon raises minimum wage to $15 for all US employees

Re:Amazon raises minimum wage to $15 for all US employees by toomuchtodo on Tuesday October 02, 2018 @11:24AM (#18122533)

Dollar General and other national chain drive thru eateries are substantially profitable (profits in the billions of dollars, DG margins are ~%30). The odds of Dollar General, McDonalds, and company and closing up in rural America is so close to zero, for our purposes we can round down to zero.

They might raise prices a bit, and be slightly less profitable to shareholders, but they won't close up shop.

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Re:Amazon raises minimum wage to $15 for all US employees by theandrewbailey on Tuesday October 02, 2018 @11:32AM (#18122607)

I was thinking more along the lines of a local mom and pop drive thru where people get their daily 6 pack and lottery ticket than a McDonalds.

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Re:Amazon raises minimum wage to $15 for all US employees by toomuchtodo on Tuesday October 02, 2018 @11:51AM (#18122784)

Then mom and pop will need to work their store, instead of underpaying employees.

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Re:Amazon raises minimum wage to $15 for all US employees by Alupis on Tuesday October 02, 2018 @01:31PM (#18123790)

Does this not mean those employees are out of work? Benefit some lucky workers with increased wages, while driving others out of work entirely?

We're talking about doubling the national minimum wage. That's a hefty increase, especially for areas where cost of living is quite a bit different than say, California.

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