The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things. And all of a sudden, not just business thrives, but small business thrives.
Nick HanauerNow one person doing the job of one and a half. So as an employer I can get two people to do the work of three, and think about what that does for profits.
Nick HanauerIf it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.
Nick HanauerRaising 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 HanauerThe person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things. And all of a sudden, not just business thrives, but small business thrives.
Nick Hanauer