Posted on 07/13/2015 9:39:15 PM PDT by thomasryan
I’m not saying it’s better. Not at all.
I’m saying a lot, lot, lot of people buy bottled water.
Tap water.
Even one of the major ones admitted they are just selling tap water.
Sometimes for $1 a bottle. Very high profit margin.
Sometimes, $2.50 - $3 a bottle and some try to get $5/bottle.
Approximately 10-12 percent of food purchases in the US are made with taxpayer provided funds or fake created money.
These are commonly know as food stamps, EBT, etc.
This creates an inflationary pull on food prices that exists only because of government.
This phenomenon is never mentioned by economists, or the media but it is real.
Think about that for a minute.
I don't know what a "living" wage is but let's assume it's what everyone is screaming for, $15/hour. So everyone who now gets minimum will get $15/hour. Which includes EVERY minimum wage job around. The meat packers, the vegetable pickers and packers, the janitors, the waiters, the hotel maids, fast food clerks everywhere, gas station attendants ... in short, MOST EVERYBODY who services the economy.
And now that ALL those people are paid their LIVING wage, what will all those businesses do who employ them? Raise the cost of what they sell. The food processed and hauled to restaurants and markets will go up, convenience store products will go up, clothes that had to be made and hauled to market will go up - everything.
And don't forget that many union contract wages are directly tied proportionately to the minimum wage. So when MW goes up, union labor gets paid more. So everything that comes from that including government workers (read more taxes to pay for that union labor) goes up too.
Bottom line is everything around that new living wage employee will rise to meet his new living wage, so he's no better off. That is how economics works.
I was being sarcastic.
A little clue would have tipped me off ... but I’m not so sharp today. :)
No problem. I just figured that comment didn’t need a /sarc tag. I liked your response.
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