15 Minimum Wage: Article Analysis

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Increasing the FMW would be devastating to many small businesses. According to the SBA size standards ninety-nine percent of companies in the United States qualify as small. Therefore, they are just as crucial to the american economy and workforce as the large corporations. Raising minimum wage would hit these small businesses the hardest, because many times they do not have a surplus funds to fall back on. In “Seattle’s Coming $15 Minimum Wage” Alexander(2015) reveals the harm that Seattle's $15 minimum wage hike has done to small businesses. The author supports their argument by getting testimonies from multiple small business owners all over seattle. One of them Joe Salvatore, general manager at a The Recycling Depot, states a common misconception
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