La Li Lu Le Lo
Veteran
- May 29, 2010
- 7,376
- 2,666
realizing it now, I mean by voting against your own best interests. our politicians and some of our employers had a big role in this mess.
and... raising the minimum wage gives your family in the trades a shot at earning more.
if you weld in construction for $25/hr
but the janitor makes $20 your family automatically has negotiating power. they also have the choice to push a broom at sixty instead of wearing out their bodies.
OK I will repeat myself...... again.
Raising the minimum wage does not work because the market always corrects to cancel the raise out. Raising the minimum wage does nothing to improve living conditions, it only makes it more expensive to live.
It does not matter if they get a raise because the market self corrects. They make more money but things are more expensive.
Minimum wage creates a base if you will and when that base increases everything else increases in response.
What good does it do to get a raise when the market raises prices?
I really don't understand why people fighting for a 15 dollar an hour minimum wage can't grasp this simple concept.