What's with all the people who stupidly cheer when the minimum raise goes up? Are they really so ignorant as to think it's "free money?"
When you raise the minimum wage, every company in the U.S. raises their prices to cover the extra employee costs that the government has forced on them. Everything you buy goes up in cost. So all you're doing with a minimum wage increase is artificially inflating prices. Minimum wage was never meant to support a family. It is merely a starting point for entry-level employees.
The funniest example I can give for this was when I managed a store in a mall. The day the minimum wage increase went into effect, a female employee of mine was rejoicing. When I tried to explain why it was a bad thing, she didn't get it. Then she went to lunch. She came back all angry that Chick-Fil-A had raised the price of every menu item between 25 and 30 cents. I laughed and explained it to her again. Her response? "That's not fair!" The blind finally saw.
2006-06-19
11:30:49
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15 answers
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asked by
Neerdowellian
6