This result is not as bad as it appears on the surface. Small business owners need offsetting tax breaks to cover the higher wages they'll be dishing out. It wouldn't surprise me if the Senate is looking for a bill that nudges such tax breaks more in favor of larger corporations that provide seasonal positions, such as the fast food giants, theme parks, and megafarming. College students will benefit the most: more kegger money! The House will rewrite the bill and this will get done. What's disgraceful is that it's taken this long to even consider raising the minimum wage, and thanks only to last November's bloodbath. (Ah, the bloodbath...fond memories) Personally, I wish Congress had the guts to cut wasteful government spending to offset the wage increases, but who would ever think of that?
Oops, I meant the affects on employers of raising the minimum wage. They may have to lay off workers, but the net affects are minimal, and mostly disadvantage working students. The great number of other people (non-students) working who depend on minimum wage jobs are mostly benefitted by raising the minimum wage.
Sorry to nitpick, but affect is a verb, and effect is a noun.
