Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Yosemitest

Minimum wage should be pegged to inflation and take the politics out of it.


42 posted on 01/16/2018 7:45:15 AM PST by central_va (I won't be reconstructed and I do not give a damn)
[ Post Reply | Private Reply | To 38 | View Replies ]


To: central_va
Minimum wage should be pegged to inflation and take the politics out of it.

Inflation should be a crime in civilized societies. Getting a raise should make your life better not just a catch up deal.

I remember when the minimum wage was one dollar and we were on the gold standard, prices never changed.

I remember when they added penny coin changers to soda machines to raise the price from 5 cents to 6 cents a 20% increase. They soon found that people rarely had the correct change so they just raised the price to 10 cents and installed new coin changers. That represented a 100% increase in price but because it was only a nickel people accepted it. Now they just as easily accept price increases of 100% in most things. Anyone remember 69 cent hamburger?

46 posted on 01/16/2018 9:42:53 AM PST by itsahoot (As long as there is money to be divided, there will be division.)
[ Post Reply | Private Reply | To 42 | View Replies ]

To: central_va
There should be NO minimum wage !
Let the FREE MARKET set the wage !
49 posted on 01/16/2018 12:20:18 PM PST by Yosemitest (It's SIMPLE ! ... Fight, ... or Die !)
[ Post Reply | Private Reply | To 42 | View Replies ]

To: central_va

A “Minimum wage” KILLS jobs !


51 posted on 01/16/2018 12:22:05 PM PST by Yosemitest (It's SIMPLE ! ... Fight, ... or Die !)
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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