Quote:
Originally Posted by crockett
cost of living is why people need more money in the US
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It's true. We've made our money worthless here in the U.S. and through all the various things that govt. has done over the past few decades we've driven the cost of business up to the point that everything in the U.S. costs a lot more than it used to.
I was just talking to a girl who moved here to Vegas from L.A. a year ago. I thought that living in Vegas is expensive (compared to South Carolina)...but she said that living in California was more than twice as expensive.
The unintended consequence of some of the fees, licensing, taxes, insurance, etc. is that it drives up the cost of living. And then we raise the minimum wage to match that...and that act itself drives up the cost even more.
It's like a vicious cycle