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Message
In 100 words or less how can raising the min. wage help the middle class?**
Posted on 1/30/14 at 9:47 am
Posted on 1/30/14 at 9:47 am
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This post was edited on 1/30/14 at 9:47 am
11
Posted on 1/30/14 at 9:48 am to doubleb
Living wage for all...blah, blah, blah...economic justice....blah, blah....everyone deserves a fair shot....blah, blah, blah...
19 words. How'd I do?
19 words. How'd I do?
Posted on 1/30/14 at 9:50 am to ClientNumber9
It can't.
Next
Next
Posted on 1/30/14 at 9:52 am to ClientNumber9
Inflation
That is one word
Most middle class have a lot of debt and inflation helps with debt over the long haul.
That is one word
Most middle class have a lot of debt and inflation helps with debt over the long haul.
Posted on 1/30/14 at 9:53 am to Janky
It doesn't help the middle class.
Government either helps the lower classes for their votes or the upper classes for their donations. Little, if anything is done to help those in the middle. The role of the people in the middle is to pay for the advancement of those above and below them.
Government either helps the lower classes for their votes or the upper classes for their donations. Little, if anything is done to help those in the middle. The role of the people in the middle is to pay for the advancement of those above and below them.
Posted on 1/30/14 at 9:56 am to cssamerican
quote:
Most middle class have a lot of debt and inflation helps with debt over the long haul.
not sure if this is correct or just an educated projection. Yeah I can see where it could help some, but they would have to be those that survive the short term devastation caused by inflation, and that would be a minority of the middle class, namely the upper middle class.
Posted on 1/30/14 at 10:03 am to doubleb
I feel like this would be very hard to do 
Posted on 1/30/14 at 10:06 am to doubleb
Supposedly it goes like this:
Increase in MW give Mary 500 bucks a year more to spend.
Mary has a thing about shoes, so she buys 500 bucks worth of shoes at Pay Less.
The jump in sales motivates the owner of Pay Less to hire an extra worker.
Thus, a middle class job is created.
Increase in MW give Mary 500 bucks a year more to spend.
Mary has a thing about shoes, so she buys 500 bucks worth of shoes at Pay Less.
The jump in sales motivates the owner of Pay Less to hire an extra worker.
Thus, a middle class job is created.
Posted on 1/30/14 at 10:08 am to doubleb
I love how proven economics is just thrown aside.
if the government stayed the frick out of business wages would be higher and there would be more jobs.
The lags we would experience would be short lived.
Somewhere along the line we forgot that when every individual satisfies his own needs and goals, the collective benefits.
if the government stayed the frick out of business wages would be higher and there would be more jobs.
The lags we would experience would be short lived.
Somewhere along the line we forgot that when every individual satisfies his own needs and goals, the collective benefits.
Posted on 1/30/14 at 10:10 am to Zach
quote:
Supposedly it goes like this:
Increase in MW give Mary 500 bucks a year more to spend.
Mary has a thing about shoes, so she buys 500 bucks worth of shoes at Pay Less.
The jump in sales motivates the owner of Pay Less to hire an extra worker.
Thus, a middle class job is created.
Not at minimum wage u don't
Posted on 1/30/14 at 10:12 am to Zach
Damn Zach, ole Pete looks like he could be Clay Aiken's grandpa.
Posted on 1/30/14 at 10:14 am to Homesick Tiger
Who is Clay Aikens?
Posted on 1/30/14 at 10:15 am to doubleb
quote:
In 100 words or less how can raising the min. wage help the middle class?**
Who said that was the objective in the first place?
Posted on 1/30/14 at 10:17 am to Powerman
quote:
Who said that was the objective in the first place?
its pretty obvious that helping the middle class has never been an Obama objective, I don't think the OP was implying this either.
Posted on 1/30/14 at 10:18 am to Janky
quote:
It can't.
Next
Posted on 1/30/14 at 10:19 am to Zach
(no message)
This post was edited on 1/30/14 at 6:38 pm
Posted on 1/30/14 at 10:19 am to doubleb
Minimum wage only helps out union bosses and governments and only for a short period of time. Because after prices adjust (inflate) they will be begging for more.
Posted on 1/30/14 at 10:22 am to KeyserSoze999
quote:
its pretty obvious that helping the middle class has never been an Obama objective, I don't think the OP was implying this either.
So what's the point of asking a question that doesn't have anything to do with the objective? It seems arbitrary and irrelevant.
Posted on 1/30/14 at 10:26 am to KeyserSoze999
quote:
its pretty obvious that helping the middle class has never been an Obama objective, I don't think the OP was implying this either
He says it is.
From last year:
?
quote:.
A stronger middle class is a key to a stronger economy:
A range of economic studies show that modestly raising the minimum wage increases earnings and reduces poverty without jeopardizing employment. In fact, leading economists like Lawrence Katz, Richard Freeman, and Laura Tyson and businesses like Costco, Wal-Mart, and Stride Rite have supported past increases to the minimum wage, in part because increasing worker productivity and purchasing power for consumers will also help the overall economy
Posted on 1/30/14 at 10:28 am to Powerman
to explore the angle, something wrong with that?
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