Why would you want this? If minimum wage goes up, so do prices and the cost of living (seemingly). Raising the minimum wage doesnt buy more, it means that your dollar now purchases less. This is why you used to be able to buy a burger, fries, and a shake for 35 cents back in the day and now the same thing costs $8. This is whats known as inflation. Inflation is also like an hidden tax on everyone. If your dollar purchases less is that not similar to paying extra taxes? When I started working, minimum wage was something like $5.15. No one could support themselves on that wage then and you wont be able to support yourself on minimum wage now, no matter what it goes to. If employers have to pay their people more, the cost of operation goes up. Therefore, whatever goods they produce go up as well. Im going to stop there so I dont write a book. Comment if you wish to discuss or have questions.
Posted on: Tue, 03 Jun 2014 22:46:40 +0000
Trending Topics
Recently Viewed Topics
© 2015