THRILLHO New Orleans Pelicans Fan New Orleans, LA Member since Apr 2006 35359 posts
re: California to raise minimum wage to $10hr (Posted on 9/12/13 at 11:25 pm to SpidermanTUba)
quote: Awesome. Single minimum wage workers in CA with no children will only be $1.20 away from not having to sponge off the government just to have a roof, clothes, and food.
The raising of the minimum wage will drive up the cost of everything and the cycle will start over again soon enough. It also lessens the purchasing power of those that were already making over $10/hr and don't get a raise.
DownshiftAndFloorIt LSU Fan The devil dreams on an idle horse Member since Jan 2011 41054 posts Online
re: California to raise minimum wage to $10hr (Posted on 9/12/13 at 11:41 pm to SpidermanTUba)
So why the frick would anybody intentionally inflate the dollar today?
Let's just completely frick up every financial issue this country has more than it's already fricked up.
I try to avoid posting here because I'm not a political-minded or money minded person. I'm a technical person and I usually prefer to yield to the people who study these things, but you really come across as a raging trolling dumbass.
re: California to raise minimum wage to $10hr (Posted on 9/12/13 at 11:51 pm to Sentrius)
Which will kill purchasing power by inflating prices and resulting in people already earning that or more not getting raises in addition to losing money to inflation.
As an employer, we can't just shite money when these things happen. We have to cut from current expenditures or get rid of the minimum wage employees. Or I will cut benefits. Either way, my profits will stay the same.