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Old 09-27-2013, 07:58 PM
 
1,496 posts, read 1,855,638 times
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Quote:
Originally Posted by pnwmdk View Post
So, if consumer demand remains the same, what was the purpose of higher wages?
consumer demand is low now. One reason its low is that wages have stagnated. The purpose of higher wages is to raise the standard of living, to lower crime rates, to stimulate the economy. Geez, I could go on and on why its good for society for full time workers to be making higher wages than they are now. Don't you realize that the min wage was higher in the past?

You don't seem to know anything about economics and you come in to this thread with the authority like you do.
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Old 09-27-2013, 08:00 PM
 
1,496 posts, read 1,855,638 times
Reputation: 1223
Quote:
Originally Posted by rbohm View Post
wrong, ALL of it happened in the past, it just wasnt noticed back then.



again, wrong it happens everywhere, again it usually isnt noticed.



yeah, another cost of living increase is coming in the near future, and people are going to be back demanding higher wages again shortly there after.
oh great. Your argument is to just say "wrong" and then not provide any evidence. Get out of here. It's not worth my time.
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