06-09-2016, 07:45 AM
(This post was last modified: 06-09-2016, 07:47 AM by RolloTheGreat.)
(06-09-2016, 06:10 AM)happy medium Wrote: minimum wage here is 7.35$ per hour, they are asking for 15$, they may get 10$ an hour when all is said and done.
If fast food workers were paid 15$ an hour , the next day I would ask my boss for at least an extra 4$ per hour.
What I'm saying is mabe shit would roll up hill.
Bad part is, prices would eventually catch up to the higher wages and we would be paying 3.50$ for a loaf of bread. It would all even out in the long run.
Or perhaps "demand pull" inflation as more buyers bring about scarcity.
Any way you cut it, raising cost of labor to producers and supply of money to buyers IS NOT going to result in prices stay the same and business owners take it in the ass as the new $30K Lords play "You Sexy Thing" by Hot Chocolate on their imitation ipods and smoke a Swisher Sweet.