So, our government had decided to raise the minimum wage from $6.75 to $7.75/hr. Is that a good thing or a bad thing? And I usually get paid $7.85/hr since 2006, which made me feel a lot better because I didn't wanna make at a minimum wage amount. Since the minimum wage amount has gone up, what is the difference? It will only cause more inflation right? And all the prioce for everything else will go up too, e.g. GAS, FOOD, CLOTHES, and ETC.!
2007-01-01 20:58:51 · 3 answers · asked by kay 1 in Politics & Government ➔ Law & Ethics
Minimum wages do not effect inflation as much as CEO wages
2007-01-01 21:06:59 · answer #1 · answered by Anarchy99 7 · 0⤊ 0⤋
Yes, 'cause we know employees hate to make more money, and 5.15@ hour is more than enough in cali.
So are you upset because your self-esteem will drop if the rest of the world gets a raise and you're closer to minimum wage?
2007-01-02 05:50:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
i don't believe so---i mean--the CEO's get their big money and no one complains about inflation ----the big war corporations get their big profits and i have not heard any one say it effects the inflation----
2007-01-02 05:03:22 · answer #3 · answered by bayliner6065 3 · 0⤊ 0⤋