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Re: Faux News' Neil Cavuto basically makes the argument that there shouldn't be any minimum wage whatsoever and that people should be happy with whatever they're offered... 

By: joe-taylor in FFFT | Recommend this post (1)
Sat, 03 Aug 13 3:53 PM | 87 view(s)
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Msg. 54795 of 65535
(This msg. is a reply to 54785 by oldCADuser)

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You really have to wonder how these people plan on keeping an economy going when all that they have to sell to are the one percent who don't buy from them anyway!!!!!


Regards,


Joe


To say that "God exists" is the greatest understatement ever made across space and time.


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The above is a reply to the following message:
Faux News' Neil Cavuto basically makes the argument that there shouldn't be any minimum wage whatsoever and that people should be happy with whatever they're offered...
By: oldCADuser
in FFFT
Sat, 03 Aug 13 4:09 AM
Msg. 54785 of 65535

...and then he makes his point by relating a story about how he was more than happy making only $2/hour back in 1974 when he was a 16 year old living in Connecticut. The problem is that if that $2 was adjusted for inflation, it would be nearly $9.50/hour today. However, the current minimum wage in Connecticut is only $7.25, and even the highest minimum wage in the country, in Washington state, is still almost 30 cents less than what Cavuto's inflation adjusted wages would be today:

http://www.rawstory.com/rs/2013/07/31/fox-news-neil-cavuto-workers-should-be-grateful-for-whatever-jobs-they-can-find/


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