min wage going up

[Hulud]

Hmmm true. but you gotta think these jobs pay rate has to go up because people are getting tired of settling for less amount of pay for such a demanding job. Somebody has to take out your trash, Somebody has to repair tires. So in order to keep these people around you have to throw bait out there and a better pay rate to keep them around with the company. Otherwise people will quit the job they are in invest in some type of education or training for a different field. And now a spot or spots are empty at another company that may very well take some weeks and money to get filled again. I just want on a tangent with this one lol. I could go hours and hours. MACRO ECON. lol.

yea ok

when they raise the min wage EVERYTHING will raise in price over time

heres a simple example for you

grocery store now has to pay employees atleast 7.25/hr so how are they going to avoid losses? thats right children, raise the price of their good they sell


so no matter how much you think this is "bait" it will be just as low in a few years once prices rise

just watch youll be paying more for milk, oil changes, movie tickets, dvds, etc.

[lazyboi444]

yea ok

when they raise the min wage EVERYTHING will raise in price over time

heres a simple example for you

grocery store now has to pay employees atleast 7.25/hr so how are they going to avoid losses? thats right children, raise the price of their good they sell


so no matter how much you think this is "bait" it will be just as low in a few years once prices rise

just watch youll be paying more for milk, oil changes, movie tickets, dvds, etc.

And thats ok we keep raising mini wage and other prices go up long as this economy is getting out the slump and in recission we are fine. Though we will never be out of debt with ourselfs raising of mini wage is one factor to helping that. This conversation could go for hours but shit i don't feel like typiong that much.

[StupidBikerBoy]

And thats ok we keep raising mini wage and other prices go up long as this economy is getting out the slump and in recission we are fine. Though we will never be out of debt with ourselfs raising of mini wage is one factor to helping that. This conversation could go for hours but shit i don't feel like typiong that much.

Look at it like this,

1)They raise minimum wage to 7.25 so the people that make minimum wage can survive better in our economy.

2) Businesses raise they're prices to accomodate the raise in pay. Inflation rate accelerates.

3) Due to inflation, people start complaining that 7.25 isn't enough anymore.

4) Minimum wage is raised to 9.50, inflation rate continues to accelerate.

See where this is going? This was not the correct solution.

All this time the dollar's exchange rate is dropping. Eventually our economy will crash, again. Guess who will take the blunt of the crash? Lower income families.

If minimum wage is not enough, then people should get off thier a$$ and find a better job or go to school. There are plenty of $30k+++ a year jobs for people without college educations. Problem is people are lazy.