Prices of everything gonna go up...
Obama raising the national Minimum wage to $9.00 Appreciation Thread
- Thread starter Kings County
- Start date
FreshFromATL
Self Made
if u a college student this shyt is money breh
nikka you must have skipped over the part where I said GROWN UPMs~Opinionated
Rookie
It would be better if he encouraged the states to raise the minimum wage individually.
This could kill people in the country and rural areas. Say good-bye to your business if you can't afford it. SMH
This will lead to more layoffs, more job responsibility, more stress, etc.
As usual with unintended consequences, people are not thinking about it beyond the first two moves. The second and third move will not be good in many areas.
New York is different from North Dakota, if he raises minimum wages then no state can go below the set amount. This means that a small business in Oregon will have to pay employees $9/hr, when the owners probably don't even make as much. Like Kalik said above, the owners will be forced to raise prices, which means that that $9/hr is the same as when the person was making $7.
Why don't politicians think this way? When I heard Peter Schiff argue against minimum wages, I was like wtf, but now I can see why these policies never work. These decisions are better made on a state by state basis and not nationally.
This could kill people in the country and rural areas. Say good-bye to your business if you can't afford it. SMH
This will lead to more layoffs, more job responsibility, more stress, etc.
As usual with unintended consequences, people are not thinking about it beyond the first two moves. The second and third move will not be good in many areas.
New York is different from North Dakota, if he raises minimum wages then no state can go below the set amount. This means that a small business in Oregon will have to pay employees $9/hr, when the owners probably don't even make as much. Like Kalik said above, the owners will be forced to raise prices, which means that that $9/hr is the same as when the person was making $7.
Why don't politicians think this way? When I heard Peter Schiff argue against minimum wages, I was like wtf, but now I can see why these policies never work. These decisions are better made on a state by state basis and not nationally.
gangreen
Top Notch
More spending while in a deficit 
Rocket Scientist
Superstar
When does this go in effect?Did Obama say this in the spur of the moment? 
I have no problem with that personally, probably because I am the guy at work who does the job of two people and if/when the hammer comes down it will affect others around me, not me directly.
$9 an hour is still a very weak minimum wage though (even here in the south), I already make more than that at my entry-level job so if he said that I'm disappointed at that lowball number. What they need to do is adjust the minimum wage yearly to inflation which would make it $10.50 an hour.
FreshFromATL
Self Made
So we can't be happy for nikkas we know in life that didn't make the best decisions in life or our younger family members?
I agree since you put it like that
Rocket Scientist
Superstar
More spending while in a deficit
I guess nobody cares anymore
might as well go further into debtDemonface
Pro
It had/has to be done. The state of NJ has a minimum wage of 7.25 which is terrible. At least if it goes to 9.00 people can be able to afford to buy stuff and thus leads to more spending and when you buy stuff it leads to the stores being more busy and more jobs will be created.
Kings County
Law III | Law XXV | Law XV
do u know what the word national is :cantsave:
