Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: servo1969

Brilliant- and exactly what happens every time they raise the minimum wage


2 posted on 07/31/2013 12:11:51 AM PDT by Mr. K (Lies, Damned Lies, and Statistics, and then Democrat Talking Points.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Mr. K

4 posted on 07/31/2013 1:55:50 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Mr. K

Minimum wage increases also drop people out of the workforce who might have gladly or at least willingly worked for the old lower wage. Those jobs just disappear if they are not worth it. Not quite the same result as if McDonalds in a humanitarian spree bumped their own wages up. And these silly liberals ought to know that McDonalds customers are more price sensitive than those dining at the Ritz. No, the competition would not get robbed of much labor, as McDonalds would fill its jobs then have no more (so I disagree with Boortz here). This is talking about a hypothetical boost to wages of existing jobs, not creating more jobs. So the required price boost would be more than the liberals are claiming, which would reflect the diminished clientele. It would become a runaway process that would crash the business.

Also, if these liberals think McDonalds Corporation is earning too much... well they could always invest in McDonalds stock! And give the gains away to needy people (all of a sudden I envision crickets).


10 posted on 07/31/2013 4:14:22 AM PDT by HiTech RedNeck (Whatever promise that God has made, in Jesus it is yes. See my page.)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson