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To: Kaslin

Every time the min wage goes up, so does the price of a loaf of bread so it’s all a wash in the earnings department. Also, anyone with savings takes a hit and their $ are devalued.


2 posted on 07/04/2011 11:16:10 AM PDT by bgill
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To: bgill
Every time the min wage goes up, so does the price of a loaf of bread so it’s all a wash in the earnings department.

Except for union workers, most of whose wages are also tied to the minimum wage> Even though they make far above it, they still get the increase, which is why the unions - in the private sector - are the most vocal proponents of it.

20 posted on 07/04/2011 11:52:56 AM PDT by Gabz (Democrats for Voldemort.)
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To: bgill
Minimum wage is not about a fair wage for jobs. It is about the base wage for unions. A boost in the minimum wage becomes a raise for postal workers, and all sorts of other unions, because their contracts are written with the minimum wage serving as the baseline. A postal worker making $22 per hour will get a like increase when any upward adjustment is made to the minimum wage.

Why don't media people and talking heads get it?

33 posted on 07/04/2011 12:23:06 PM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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