Home · Maps · About
Home > OTChat
 

[ Read Responses | Post a New Response | Return to the Index ]
[ First in Thread | Next in Thread ]

 

view flat

Re: $15 minimum wage permits few luxuries in US cities

Posted by GP38/R42 Chris on Wed Jun 4 09:17:35 2014, in response to Re: $15 minimum wage permits few luxuries in US cities, posted by Fred G on Wed Jun 4 09:06:48 2014.

fiogf49gjkf0d
But the buying power of that same money buys less when all the wages go up, as pricing will go up with it. Minimum wage earners are consumers as well, and their "higher wage" will not buy more if everyone elses goes up, bringing up pricing.

Responses

Post a New Response

Your Handle:

Your Password:

E-Mail Address:

Subject:

Message:



Before posting.. think twice!


[ Return to the Message Index ]