The minimum wage law, is self destruction of jobs!
Any business has to make a profit or break even to keep the doors open. So if that hamburger costs $2.00 to make and they sell it for $2.25, they make a little over 10% profit. This is based on $7.25 an hour labor cost. If they had to increase their labor costs to $9.00 per hour and still wanted to make a 10% profit, that same hamburger would cost $2.75.
Who eats those hamburgers, the middle class, not the Top 5%.
Now, if the middle class can’t afford a $2.75 hamburger the store closes it’s doors and the jobs there are gone.