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Old 03-28-2015, 11:49 AM
 
3,792 posts, read 2,384,773 times
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Quote:
Originally Posted by Storm Eagle View Post
But if only a smal amount of people work min wage jobs how could it have much effect right?
But the effects that it will have they don't like. But those effects are in everyone's best interest.
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Old 03-28-2015, 03:53 PM
 
Location: South Carolina
3,022 posts, read 2,273,820 times
Reputation: 2168
Quote:
Originally Posted by InformedConsent View Post
There's even a term for it. Economists call it cost-push inflation. General price levels rise (inflation) due to increases in the cost of wages and/or raw materials.
So you gonna actually show any evidence of this happening? Prices have risen and yet the min wage has pretty much stayed the same so it seems other things can affect prices then min wage but it is easier to blame min wage for everything without evidence.
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Old 03-28-2015, 03:58 PM
 
Location: South Carolina
3,022 posts, read 2,273,820 times
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Quote:
Originally Posted by ContrarianEcon View Post
But the effects that it will have they don't like. But those effects are in everyone's best interest.
Of course Right Wingers only care about themselves and the rich they could care less about the good of others or the country as a whole.
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Old 03-28-2015, 04:12 PM
 
3,792 posts, read 2,384,773 times
Reputation: 768
Quote:
Originally Posted by Storm Eagle View Post
Of course Right Wingers only care about themselves and the rich they could care less about the good of others or the country as a whole.
Too sad but too true.

Try and tell them that the economy will suck forever or close enough as not to make a difference if we don't do something about the high total debt and they pretend not to understand economics, but they are all about balancing the federal budget. Well if you want to balance the feudal budget painlessly then up wage and freeze non inflation adjusted federal spending. No change in taxes no other change in spending and we will be paying back our debts.
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Old 03-28-2015, 06:57 PM
 
Location: M I N N E S O T A
14,773 posts, read 21,497,759 times
Reputation: 9263
Quote:
Originally Posted by urbanlife78 View Post
Apparently we live in a country where right wingers think making $31K a year is a high dollar wage that only those with lots of skills should be able to earn because it must still be 1980 inflation rates going on right now.
No need to even do the political division crap here, this is something people with all backgrounds (race, gender, political belief) can agree on. ending poverty, supporting low skill workers are more important now compared to previous years.
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