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Minimum wage now $9 an hour!!!!
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Anonymous Coward |
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Hmm $7.50 an hour versus $9.00 that is about a 17% increase. How many minimum wage jobs are there in our economy, most at McDonalds, Wal Mart, Target, etc.
An employers cost is mostly labor. Corporations won't pay the increase the consumer will pay the increase as they will pass they pass the cost on.
I would say this will drive up prices for everything you need at least 10% once imposed on average.
Quoting: Anonymous Coward 961432 you can't win this argument because you have no moral high ground.. Quoting: Sundara This has nothing to do with morality. It has to do with MATH. That is your fundamental flaw. You have no logic. Only emotion. Quoting: Anonymous Coward 34146475 emotions=spirit, yes i have emotions.. i'm working a min wage job to support my wife and two children, yes this is important. do you care? Quoting: Sundara So get a pot. Put your emotions in that pot. Heat it up to 210 degrees for about 10 minutes. Then serve it up to your family and have a feast of emotions. Because that will get you about the same as raising the minimum wage will. In a year you'll be wondering why things are about the same or worse for you. There is a surplus of unskilled labor. That surplus is likely to stay the same or get worse. You are trying to sell ice in the arctic. Guess what...people don't need much of it. And guess what...if you arbitrarily jack the price up because you aren't making enough....it won't make them buy more of it. It will make them buy less.
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