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

To: SeekAndFind

The problem is adults trying to make a living at jobs that used to be for kids looking to make some extra cash. Shipping good paying jobs overseas will have that affect.


6 posted on 12/01/2016 8:31:22 AM PST by Wolfie
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Wolfie

And a big piece of the puzzle, is that businesses can’t just raise prices to compensate for increased costs.

Theoretically, the liberals think McD and others can pay all their hired help $30,000 a year or more. But the liberals don’t think it through; that a Big Mac meal would go up in price to compensate. How many people are willing to pay $20 for a Big Mac meal???

Economic models show that as prices for goods and services rise, that demand will fall off. But if McD loses sales because of higher prices, where will the money come from to pay the $15 or more per hour wages???


9 posted on 12/01/2016 8:41:13 AM PST by Dilbert San Diego
[ Post Reply | Private Reply | To 6 | 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