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CNN Discussing Amazon Raising Minimum Wage to $15/hr

Posted on 10/4/18 at 9:06 am
Posted by SLafourche07
Member since Feb 2008
9965 posts
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.



Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
30716 posts
Posted on 10/4/18 at 9:08 am to


Posted by teke184
Zachary, LA
Member since Jan 2007
101717 posts
Posted on 10/4/18 at 9:08 am to
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?
Posted by CleverUserName
Member since Oct 2016
14469 posts
Posted on 10/4/18 at 9:33 am to
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 by ibleedprplngld
Lafayette, LA
Member since Jan 2012
4515 posts
Posted on 10/4/18 at 9:36 am to
Holy shite, someone finally picked up an economics 101 book.

Good for you CNN. Good for you.
Posted by LSURussian
Member since Feb 2005
130843 posts
Posted on 10/4/18 at 9:37 am to
quote:

companies are doing it on their own because the job market and economy are so strong.
Did they conclude by saying "Thanks Obama!"??
Posted by TigerDat
Member since Aug 2010
7880 posts
Posted on 10/4/18 at 9:38 am to
Except the workers will get less yearly because their bonuses have been removed because of the rate hike
Posted by The Maj
Member since Sep 2016
29485 posts
Posted on 10/4/18 at 9:39 am to
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 by chalmetteowl
Chalmette
Member since Jan 2008
51674 posts
Posted on 10/4/18 at 9:44 am to
quote:

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.


because minimum wage was lower than what it should have been...

Thanks Bernie
This post was edited on 10/4/18 at 9:46 am
Posted by drdoom
Member since Nov 2012
147 posts
Posted on 10/4/18 at 10:02 am to
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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