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You do realize a lot of people have not gotten those increases in the last several years, right?
Those who have not lost their jobs or have a contract have.
Th Co. my wife works for has laid off folks and yet they have given out a 3% raise and a bonus.
In 1979 minimum wage was $2.10 per hour and gas was $0.64. In 2011 it was $7.25 per hour and gas was $3.
States tie annual increases in their minimums to increases in the cost of living.
The price increase suggested by the op would increase the cost of living for all.
The minimum wage will increase by 28 cents next year in Colorado; 30 cents in Montana, Ohio and Oregon; and 37 cents in Washington State. Other states that have laws requiring their minimum wages be adjusted annually.
Nationwide, 18 states and Washington, D.C. have minimum wage rates that are higher than the federal minimum wage of $7.25,. (http://www.dol.gov/whd/minwage/america.htm - broken link) Washington State has the highest hourly rate at $8.67, which will go to $9.04 next year when the new rate goes into effect.
If it happened suddenly it would take time for the adjustment to catch up, but eventuality it would.
As fuel prices goes up so does the amount we get paid (cost of living raise) and minamum wage will go up also.
That is an absolutely false assumption. This very minute, most workers in this country are not getting COLA's to compensate for inflation--especially for the inflation in basic commodity prices for things like food and fuel. The massive economic disruption that $9/gallon would have would ensure that no one would likely get any kind of raise--if they were fortunate enough to keep their job at all. Quite honestly, I don't think the social and political fabric of the country would hold together. We would descend into anarchy, then a dictatorship. And no one's life or property would be safe then.
If gas truly ever reaches that point, our economy would be in such shambles that I doubt the price of gas would even be an issue; food prices would skyrocket, employers would let go of numerous employees, state taxes would be in a bigger mess than they already are, our nation would go into a panic greater than what we saw 4 years ago.
If gas ever gets that high, I'm stocking up on canned foods, ammo, and guns.
Same here.
Let's not forget people not only use fuel to get to work, but also for leisure (movies, dining, shopping, vacations, sports, etc). If gas were $9 we would live in a nation of VERY angry people, I can't even imagine what the crime rate would climb to.
Nothing false about it. Inflation and a increase in the cost of living are related to fuel costs.
If fuel went up to $9 everything else would increase in cost too. The dollar may very well be worth less but everyone would be making more.
Econ 101 tells me this.
I guess I'm not concerned with the wages paid to burger flippers as those jobs were never intended to support a family.
If this was all nonsense minimum wage would still be $2hr.
So if fuel went to $3.87 in 1979 we would have had anarchy? hahah, nope, your wage would increase as the cost of living went up, no roaming gangs of thugs etc etc. Moang and groaning while their wages caught up with inflation sure but it would.
Nope, salaries too.
As inflation goes up, as in the past the cost of living goes up. Many get raises based on the cost of living.
As stated the cost of everything would go up and salaries would fallow.
I would charge more for my services (give my self a cost of living raise) as my operating cost went up.
Not to be rude...but have you been living under a rock?! Most of the people I know have had their salaries frozen for the past few years and last year was the first year in which they saw ANY type of raise. I work for a private corporation and many employees haven't seen a COLA in 3 years much less an actual performance-based raise.
I received a promotion last year otherwise I'm sure my salary would've been included in those who haven't gotten a pay raise.
It's definitely a false assumption to think that just because the cost of living is going up, that salaries will follow. Salaries have NEVER followed true inflation particularly minimum-wage. If minimum wage was actually based on the true cost of living, I'd venture a guess that the nationwide average would be somewhere around $12/ hour.
Gas is no more expensive than in 1990 per se'. It's this Administration that is burning the midnight "oil" on the printing presses to make more money... Our dollar is worthless!!
Remember when you go to vote, this "president" when he was a congressman said he had no problem with gas going in the 10-12 dollar range.... Think about that before you check the box!!!!!
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Not to be rude...but have you been living under a rock?! Most of the people I know have had their salaries frozen for the past few years and last year was the first year in which they saw ANY type of raise. I work for a private corporation and many employees haven't seen a COLA in 3 years much less an actual performance-based raise. 
