Mar 19, 2010, 6:14 pm

MINIMUM WAGE

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suplisider
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In two weeks it will cost about 17% more to hire someone under the training wage.  This is perfect timing for the cost of employement to rise.  The state currently has 10% unemployed, 19% underemployed or out of benefits.  Nationwide 24% of teens can't find a job.  For those of you looking for work, good luck.



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Bard
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Wonder what happens when the recovery-induced inflation hits and even the 17% minimum wage hike won't buy what it would today.


“If you treat an individual as he is, he will stay as he is; but if you treat him as if he were what he ought to be and could be, he will become what he ought to be and could be.” ~ Johann Wolfgang von Goethe


rusty
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OBAMA BS at its best    All you dems and rino's did this


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Bard
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I kinda think it was a collaborative effort involving a lot more than the Dems.  Not sure what a rino is.


“If you treat an individual as he is, he will stay as he is; but if you treat him as if he were what he ought to be and could be, he will become what he ought to be and could be.” ~ Johann Wolfgang von Goethe


suplisider
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Ain't gonna be inflation 'till there's wage growth.  No wage growth when hours worked are at an all time low, and unemployment his going into high gear.  Oil down 13%  in 2 weeks, 50% in a year.  Real inflationary.

Bard
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I guess that makes the bad news the good news in a manner of speaking.


“If you treat an individual as he is, he will stay as he is; but if you treat him as if he were what he ought to be and could be, he will become what he ought to be and could be.” ~ Johann Wolfgang von Goethe


rusty
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Dr. Goofy

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Bard wrote:

 

I kinda think it was a collaborative effort involving a lot more than the Dems.  Not sure what a rino is.

RINO is a republican in name only


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CelticFan
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 Some of the unemployed make no effort to find work until their benefits are about to run out.

 

It isn't a great job market that's for sure but mcdonalds or wendys are always hiring somewhere. A job regardless of the pay is better than no job at all.

spacemonkey
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Since the industrial revolution our finite world has become over automated, over populated, and over speculated. The luxuries for many in the future could be simple basic needs. A person will be lucky to hold on to what they have, let alone prosper. All because we can't find, or don't want to find the line between enough and excess. Its the "I deserve more then you mentality". Be productive, but don't expect prosparity. Who's job is important? who decides? The market perhaps, well at the moment its a broken joke. Thanks to greed/ corruption. The loss of a pro ballplayer job or trash collector job would affect you the most?


the hardest part of doing nothing, is knowing when your done.

NO BULLetin
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The market decides the value of a job, not employers and certainly not the government.  Raising minimum wage (which should never have been implemented in the first place) is a cruel joke since it merely increases the cost of goods and services which has the most impact on who?  That's right, the minimum wage earner.  It's as economically unsound an action as printing more money and pretending it increases the nation's wealth. 



The democracy will cease to exist when you take away from those who are willing to work and give to those who would not. - Thomas Jefferson

CelticFan
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Print more money and pass the debt on to the next generation. Isn't that what our government has been doing since we became a country 200 years ago?

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