The Mad Hanar wrote...
Lunch Box1912 wrote...
The minimum wage kills jobs. Remeber when you could pull up to any gas station and have your gas pumped for you? Do you wonder why manufacturing jobs are longer here? Raising the minimum wage isn't going to solve anything. It's free trade and government regulation that is killing the US economy. We don't make anything here because we can't compete with the rest of the world. The quality of living in the US is going to keep getting worse until we are at the same level of living as the third world contries that are producing all the goods we buy.
Though, if companies didn't have to pay minimum wage there is no way people would be paid enough to cover the cost of living right now. Minimum wage barely does that right now. Instead of having one person that needs food stamps, you'd have three people that need food stamps.
You need to ask yourself first why the cost of living keeps going up. That’s a whole other discussion which I won’t get into. Just look up tariffs, NAFTA, GATT to WTO and how the US gave control of its currency away in 1913. Andrew Jackson is rolling in his grave for sure…
If payroll expenses increase the product is going to have to cost more, it's an adverse effect. Price increases aren’t always viable when you’re competing with a competitor overseas whose overhead is often less than half of your own. When it’s no longer sustainable companies either close up and sell their assets or they do what their competitor does and move their operation overseas. Jobs that once existed at $6.85 an hour are now no jobs at all. The economy that exists around where the jobs were lost suffers, like a domino effect from property values all the way down to the driver of the roach coach that used to show up three times a day.
In the grand scheme you are better off as a whole for those jobs to still exist. So let them issue more food stamps, I pay a ridiculously high state income tax every April 15th. At least I know the state is doing something with my money un-like handing it directly to the Federal Reserve as the Federal Government does with my federal income tax.




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