Stupid idiots. Thing is, all of those dips want to end up living like Gossip Girl socialites and they’ll end up losing a lot more in the long run, like having people who can afford to buy from them.
You know, working at fast food at an older age was something you did as a retiree or as a loser who for one reason or another, ran out of steam and failed to use their youth wisely. Like being someone who had a bunch of kids out of wedlock use to be relegated to fast food or being a maid for a middle class family.
As for becoming Third World, I don’t know. America is different. I do think things are going to get hairy, but not difficult for those who have led responsible lives.
Going to use my economics degree in action here:
In an unfettered market, the interplay of supply and demand will result in an “equilibrium wage.”
When politicians impose a minimum-wage mandate that is above the free market equilibrium level, there will be more unemployment.
Because of massive immigration, both legal and legal, there is a massive oversupply of low skill labor in America. (Notice the same people that are promoting illegal immigration are the same people demanding an increase in the minimum wage, and, you can’t have both.)
The result is obvious: wages, benefits, and working conditions have declined or stagnated for the last 25 years.
Because of hundreds of thousands of foreign work visas, USA wages for software engineers and related professions have stagnated for 15 years.
One destroys jobs and the other guarantees poverty or low wages for millions of American-born citizens.
[[but not difficult for those who have led responsible lives.]]
Those fortunate enough to have had good health and fairly good jobs- but the elderly, disabled and war vets are the ones that will... Heck ARE the ones suffering the worst of it- many losing their homes because everything has gone up to where these people just can’t afford it any longer- I wish I had stats on disabled, vets and elderly losing their homes in the last 6 years- But I’ve personally witnessed people having to give up their cars because they can no longer afford the insurance, gasoline etc to keep them running- now they basically sit at home and can’t get out- and they’ve had to severely cut back o nthe food they get each month, and can’t afford heating oil (though it’s lower for now).
People are really suffering- and I’m betting soup lines are quite a bit longer than they used to be 6 years ago- and it’s only going to get worse as these idiots on the left keep making everything so damned expensive no one can afford it but the upper middle class and the rich-
It’s so economically depressed around where I live now that people are sealing gasoline in the middle of night, stealing copper from unoccupied summer camps and houses, Heck- they’re even beginning to throw their trash over the banks because dump fees have also gone way up- I’m seeing trash everywhere now-
We may not become third world, but the times are beginning to resemble the depression era in some states and counties- and as bad as it’s getting where I live, I imagine it’s leagues worse in even more economically depressed areas-
It’s just sad to see this great nation deteriorating because of the greed on the left and all the ‘gimmedats’ who think big government owes them a free ride