Not if there is already an imbalance

Current Events » in reply to Inflation will even things out in the end.

Not if there is already an imbalance

BuckGalaxy — 9/3/2013 9:42:03 PM (archived)

I'm not advocating doubling the minimum wage, but it is past time to raise it. $7.25/hour is well below what most companies pay low wage workers. The true minimum wage is closer to $10/hour. The point being you could raise the minimum wage that much without creating higher unemployment. As for inflation, San Francisco has a city minimum wage of $10.55/hour but Big Macs cost on average about 17 cents more than elsewhere.

The whole thread (32 posts)

Fast Food workers going to strike tomorrow. - Jody - 8/29/2013 2:30:21 AM
- Inflation will even things out in the end. - RobVG - 8/29/2013 2:45:15 PM
  - Not if there is already an imbalance - BuckGalaxy - 9/3/2013 9:42:03 PM
  - Why do you bother? - TB - 8/30/2013 10:27:29 PM
    - I remember - Jody - 8/31/2013 2:38:51 PM
    - Because our Mama's said common sense always prevails. - Jody - 8/30/2013 10:55:42 PM
      - No, it doesn't. - TB - 8/31/2013 3:33:45 PM
        
        Loopholes - SteveS - 8/31/2013 7:18:48 PM
        
        Passing your link along.... - Jody - 8/31/2013 3:43:51 PM
        
        O...M...G. TOM! - Jody - 8/31/2013 3:40:51 PM
  - Then why worry about it? - Robert - 8/30/2013 5:18:56 PM
    - Funny math - SteveS - 8/31/2013 3:59:16 PM
    - Pull your head out for a second and take a breath. - RobVG - 8/31/2013 3:29:51 AM
      - Unknot your knickers and unclench - Robert - 9/1/2013 4:56:20 AM
        
        It's a bigger pond. - RobVG - 9/1/2013 6:03:25 PM
        
        and not a zero-sum game - Robert - 9/2/2013 8:50:46 PM
        
        You got it all wrong. - RobVG - 9/4/2013 12:13:39 AM
        
        No problem - Robert - 9/4/2013 6:25:05 PM
        
        Unfortunately, - ER - 9/5/2013 12:56:20 AM
  - Well, let's look around. - bowser - 8/30/2013 2:06:52 AM
    - Oh what the hell, let's make sure everyone get's $50,000 a year. No more, no less. n/t - RobVG - 8/30/2013 2:49:33 AM
      - I get G-dd----d sick and tired of that nonsense! (But it's a good idea.) - bowser - 8/30/2013 3:52:49 AM
    - To put it politely, you need to study US economics more, and Marx less. n/t - RobVG - 8/30/2013 2:48:02 AM
      - To put it politely, you need to respect the working poor more and worship the dollar less. - bowser - 8/30/2013 3:53:45 AM
        
        Give it up, Bow. They fawn over the wealthy, hate working folks and won't change. - bowser - 8/30/2013 3:57:41 AM
        
        I am the working poor you idjit. And I know what's not going to work. n/t - RobVG - 8/30/2013 4:36:38 AM
  - Yea. People who try to increase their income are stupid. - alcaray - 8/29/2013 11:24:47 PM
    - I think they are stupid. - ER - 8/30/2013 3:29:53 AM
    - Great, I'll go ask my boss to double my pay tomorrow. - RobVG - 8/30/2013 1:21:12 AM
    - Geez al, where did he say they are stupid. It is just those who don't understand Econ I... - FrankC - 8/30/2013 12:27:47 AM
      - He seemed to say that it is futile to raise your income because inflation will eat it up anyway. - alcaray - 8/30/2013 3:24:41 AM
        
        Was that pun intended - SteveS - 8/31/2013 7:20:20 PM

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