Quote:
Originally Posted by TheDoc
In the linked page, is the note below.
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I wasn't even really concerned with the protestors. Most of them there are just doing it to get their face on television. Like every "protest" these days...take the t.v. cameras away and the protest goes away.
I was just remarking on substance of the post that ubob pasted here.
If all those things are so great (and not saying that's what the protestors want...just saying that all of those things are argued a lot politically)...then why not take them all the way to their logical conclusion as that post suggested? Answer: Because it's NOT good.
It only makes sense that when the minimum wage goes up...an employer isn't going to be able to hire as many people AND the cost of living goes up.
It's kinda like which came first...the chicken or the egg.
In my humble opinion, the U.S. has priced itself out of the labor market and if I owned a big corporation I would do what is best for ME and MY company. Which would mean building plants overseas and hiring overseas.
In my opinion it's the fault of politicians trying to get elected by making tons of populists promises to get votes. Then when they raise the minimum wage..guess what happens: The cost of living goes UP.
And yet they do it again and again and again.
I went to the store today and bought a "regular sized" snickers and a coke. It was THREE DOLLARS!!!
That was 15 cents in the 1970's. WTF?
Yeah, I'd say people NEED $1000 an hour minimum wage at this pace.