Gah... minimum wage. Don't even... I mean, you have to be so ignorant in economics to support it. And any candidate for office who champions it is either grossly uninformed or an unabashed flatterer. But Representative Barbara Lee in California wants to raise the minimum wage there to $50 per hour. Yeah, that'll work great. Push the gross payroll burden of a small business with a half dozen full-time minimum wage earners another $35,360 per month. Then tax that increase. I mean, every small business in California has an extra $5,893 per min-wage employee per month, plus taxes, to toss around.
Pure idiocy.
Minimum wage... sigh.
This is part of the reason why minimum wage increases may only be a partial solution. Another possible solution (especially for California) would be rent and price controls, to keep prices in check and to lessen the need of any minimum wage increase. Rent controls would also help small businesses cut their expenses.
Another idea worth trying would be to establish an unused/vacant property tax which would double each month a property remains unused - such as a vacant lot, empty storefront, empty house/apartment, etc. This would be a powerful disincentive to property owners sitting on vacant property in the hopes of making a higher profit. They would be under strong pressure to sell, and this would bring property values down to more manageable and affordable levels. It would be a win-win for all, for both the working class and small businesses.
So, if raising the minimum wage is too much of a hardship for small business, then there may be other ways of improving the economy without doing that.