On 4/15/2015 4:01 PM, Lew Hodgett wrote:
"dadiOH" wrote:

Lew, if raising the minimum wage would enable all to enjoy a better
standard of living (except for the 1% of course then why haven't
the two dozen + raises in it over the last 70 years accomplished
that end?
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Try inflation for starters.
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The only thing raising the mnimum wage does is raise all prices.
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Think you will have to find a little proof.

Look at the economy. Or in your case, gas prices.



Inflation is the fox in the hen house when it comes to higher prices.

And inflated wages contribute to inflated prices. Don't you see that if
wages go up the company HAS to charge more for its product?

You simply cannot reward low performance with higher pay. This is why
we are where we are. The government politicians promise, what cannot be
afforded with out creating inflation, to get votes. They absolutely do
not do it for the betterment of the country or the economy.