$15/hr minimum wage

SamSpade

Well-Known Member
BTW - this is approxmately the AVERAGE wage in the U.S.

It doesn't take rocket science to see if you take the lowest pay and push it up to average pay, and everyone else's goes up - that it devalues the money.

You can't deliver the same amount of labor for more money without it affecting the currency.
 

DaSDGuy

Well-Known Member
Now they want $26 per hour? All that will do is raise the poverty line to around $30 an hour, middle income will be around $80-120 per hour.
Gas will be in the $12-$15 per gallon range. Eggs will be, what, around $8 a dozen? You get the idea. Prices will go up along with the minimum wage and nobody will do any better in life unless they WORK FOR IT!!!
 

LightRoasted

If I may ...
If I may ...

Now they want $26 per hour? All that will do is raise the poverty line to around $30 an hour, middle income will be around $80-120 per hour. Gas will be in the $12-$15 per gallon range. Eggs will be, what, around $8 a dozen? You get the idea. Prices will go up along with the minimum wage and nobody will do any better in life unless they WORK FOR IT!!!
If all the controls, (regulations), that were once put in place were re-instituted, then people would be getting paid more rather than "profits" raising stock prices and sending that money, which would be better spent on higher wages and reinvested in expanding the company, to stockholders. But then again, those controls simply don't work well in a fiat currency debt money system anyway.

Anyway, regular, not-on-sale, bacon is now going for $6.99lb to $7.99lb. Ain't life grand?
 
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