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Message Subject Obama says hes raising minumum wage to 9.00/hr. i think that is a great fuckin idea!
Poster Handle Anonymous Coward
Post Content
It is a good thing, the only problem is the corporations will fire people to make up for the losses.

Our economy is stuck in a capitalistic catch22.

People don't spend money because they don't get paid enough. The government increases minimum wages to combat that. Then corporations fire people to equalize the wage increase to keep in line with revenue, because god forbid we lose a point this year, even though we have a chance for the potential of 5 more points next year with customers having increased wages. Then we're back at square one, people don't have jobs to spend money, corporations don't hire because no one is spending money.

As Admiral Akbar would say, "it's a trap."
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