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CNN Discussing Amazon Raising Minimum Wage to $15/hr
Posted on 10/4/18 at 9:06 am
Posted on 10/4/18 at 9:06 am
Paraphrasing:
People used to ask if the government should step in and force companies to raise the minimum wage, but now companies are doing it on their own because the job market and economy are so strong.

People used to ask if the government should step in and force companies to raise the minimum wage, but now companies are doing it on their own because the job market and economy are so strong.

Posted on 10/4/18 at 9:08 am to SLafourche07
Kind of like how fast food was paying retention bonuses and higher per hour wages in Baton Rouge and New Orleans post Katrina when there was a lot of work and not enough people to do it.
fricking economics, how does it work?
fricking economics, how does it work?
Posted on 10/4/18 at 9:33 am to SLafourche07
quote:
People used to ask if the government should step in and force companies to raise the minimum wage, but now companies are doing it on their own because the job market and economy are so strong.
You mean that what you (CNN) said was impossible without government interference is actually happening?? Say it is not soooooo!
Posted on 10/4/18 at 9:36 am to SLafourche07
Holy shite, someone finally picked up an economics 101 book.
Good for you CNN. Good for you.
Good for you CNN. Good for you.
Posted on 10/4/18 at 9:37 am to SLafourche07
quote:Did they conclude by saying "Thanks Obama!"??
companies are doing it on their own because the job market and economy are so strong.

Posted on 10/4/18 at 9:38 am to SLafourche07
Except the workers will get less yearly because their bonuses have been removed because of the rate hike
Posted on 10/4/18 at 9:39 am to SLafourche07
Absolutely amazing what happens when someone in the Whitehouse actually knows how to stimulate an economy...
This post was edited on 10/4/18 at 9:42 am
Posted on 10/4/18 at 9:44 am to SLafourche07
quote:because minimum wage was lower than what it should have been...
eople used to ask if the government should step in and force companies to raise the minimum wage, but now companies are doing it on their own because the job market and economy are so strong.
Thanks Bernie
This post was edited on 10/4/18 at 9:46 am
Posted on 10/4/18 at 10:02 am to TigerDat
Yeah TigerDat, no bonuses and no stock options....makes one wonder if the $15/hour is really worth giving those up....
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