WTF...Minimum wage upped to $11/hr??

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If it's not in Anerica :camby:

Well, a big raise in min. wage will kill America


how?


more money, more need for products, mean more needs for workers.

small business will suffer but at the same time how the fukks works at a mom and pop shop for 20 years know they wont ever get a raise :beli:
 

Flay Mayweather

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Yes.

If you raise minimum by just 10% the unemployment rate would rise by 6%.

Companies would hire less and the employers more.

Jobs that thrive off minimum wage will hire more workers under the table and under table money is tax free.

So, how long can America thrive with a high minimum wage and under the table employment?
 

Poitier

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Yes.

If you raise minimum by just 10% the unemployment rate would rise by 6%.

Companies would hire less and the employers more.

Jobs that thrive off minimum wage will hire more workers under the table and under table money is tax free.

So, how long can America thrive with a high minimum wage and under the table employment?

You do realize we subsidize minimum wage workers through welfare already? The cost would move to corporations instead of governments which would slow down industrialization and local businesses to have niches.
 

Flay Mayweather

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You do realize we subsidize minimum wage workers through welfare already? The cost would move to corporations instead of governments which would slow down industrialization and local businesses to have niches.

With all the lobbying, Corporations would never let happen and thats why the minimum wage would never rise above 10%.

How many people you think will be unemployed from a high minimum wage?

http://mobile.nytimes.com/2012/02/2...-will-be-bad-for-business.html?pagewanted=all
 

Berniewood Hogan

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If you raise minimum by just 10% the unemployment rate would rise by 6%.
WE'VE HIKED THE MINIMUM WAGE A NUMBER OF TIMES AND THIS HAS NEVER LEAD TO AN INCREASE IN UNEMPLOYMENT, BROTHER! IT MAY BE COUNTER-INTUITIVE, BUT THAT'S A FACT, JACK!
 

Flay Mayweather

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WE'VE HIKED THE MINIMUM WAGE A NUMBER OF TIMES AND THIS HAS NEVER LEAD TO AN INCREASE IN UNEMPLOYMENT, BROTHER! IT MAY BE COUNTER-INTUITIVE, BUT THAT'S A FACT, JACK!

The last time the federal minimum was raised the govt lost its purchasing power to inflation by 5.8%.

Every time it is raised, the whole country is effected with negatives even though the raise was positive.
 
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