He has convinced the American ppl that if you increase the minimum wage it will hurt the economy. This is not true. When the poor get an increase in minimum wage they spend the money becasue they need it. This means that money goes right back into the economy = an economic boost.
As far as your question, this is nothing new. The republican party for the past 50 years has been about promoting the rich and corporations at the cost of the poor and middle class.
As long as they keep doing this, the rich will keep funding them and keep them in power. A person without money can NEVER get elected into office. So you see, if you are the party with all the money behind you then you are the party that will be in control.
What's up with these inexperienced ppl who think minimum wage is temporary... It is not about min. wage. It is about that being the base. I personally know ppl who have college degrees and work for 7.15 an hour that started off at min. wage. Why? Because they lost their jobs when a company moved to Mexico. That put 6000 ppl at once into this city all at once looking for jobs. And it has not gotten any better.
I've seen ppl who were making 50k a year end up making 22k per year after losing their jobs due to outsourcing, etc...
2006-08-10 21:54:03
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answer #1
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answered by BeachBum 7
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Do you think that would make a difference? he could raise it to 15.00 an hour, and it wouldn't matter, there would still be the poor.......to pay someone that much an hour, the costs would go up of everything we buy...For instance, Mac D's has a labor cost goal of somewhere between 18 and 20%....figuring that there are 5 at a time working, then that would mean, seeing how the minimum pay at most is $6, they would need to make 150 dollars an hour....that would not be too hard during lunch and dinner.....however, with an increase to any amount, but going with mine, that would be $75 dollars and hour, which would mean they would have to make at least 375 an hour in sales....do you think they will eat that 225 themselves? Nope, the double cheeseburger will cost 5 dollars....the quarter pounder close to 10..etc etc....raising minimum wage does not help anything....it just makes things cost more.....and that would be if the food costs didn't go up due to the wage change
2006-08-10 22:41:50
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answer #2
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answered by Anonymous
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"interest creation" isn't the subject. all of us comprehend how jobs are made. the subject is what jobs are easily (the finished mandatory hard artwork mandatory to end production). while a minority proportion of the hard artwork rigidity does each and all of the finished artwork for the finished financial gadget. you come across that minority working greater durable, working longer hours, and making much less wages, and then being taxed the main to assist the finished gadget, on an identical time as a fragment of the over all inhabitants reaps the main persons of each and every of the income. hard artwork reform isn't even being mentioned because of the fact the ambiguous concept of "interest creation" ignores the priority of hard artwork source vs hard artwork mobilization. The old innovations of hard artwork could be delivered right into a in demand context. Being informed which you're a ineffective burden on the financial gadget is the thank you to make you experience in charge from being excluded from financial participation. And client liberty can purely be carried out by applying hard artwork reform. chosen hard artwork reform for your self, chosen it so as that your infants have a destiny. you are the ninety 9% DON"T purchase THE LIE! help the circulate.
2016-11-04 08:33:23
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answer #3
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answered by porterii 4
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The rich stay rich, while the poor struggle. They havent increased the min wage since Sept of 97
2006-08-10 21:36:47
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answer #4
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answered by j@mE$ 6
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The min wage was designed for teenagers and not for the common worker. If you can't find a job making more than $10 I suggest you look in the mirror and improve yourself.
2006-08-10 21:41:46
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answer #5
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answered by haterade 3
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dear loser...go the school and get and education then get a better job...i paid for my way through college on minimum wage...so can you...unless you have made poor choices for your life...minimum wage is meant to be a temporary work place mostly for students...it is not to be a career path for people who make bad choices...
2006-08-10 21:43:25
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answer #6
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answered by turntable 6
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if the min wage was raised alot of busness would go out because of taxs and more payments they should give a tax cut to the poor
2006-08-10 21:36:55
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answer #7
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answered by Hannibal Barco of Carthage 2
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I heard on the national news the other day something about them raising the min wage to 7.50 soon.
I hope they are correct.
2006-08-11 15:18:09
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answer #8
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answered by ETxYellowRose 5
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YES and politicians(Congress) has just given themselves a big raise. How come you only care for the rich? Your friends like Halliburton and big oil companies and give them the tax breaks?
2006-08-10 21:49:44
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answer #9
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answered by tyrone b 6
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BE QUIET PEASANT..... AND GET BACK TO WORK.....ANOTHER OUTBURST LIKE THAT AND YOU'LL GO TO BED WITHOUT YOUR GRUEL. DON'T EVER QUESTION THE LEADER AGAIN.....YOU WILL WORK FOR $5.15 AND YOU'LL LIKE IT.
2006-08-10 21:54:45
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answer #10
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answered by The Prez. 4
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