Msg. 15490 of 47202 (This msg. is a reply to
15483 by
Beldin)
Jump:
Beldin,
re: "... if the minimum wage does get pushed up to $15 per hour"
If the minimum wage gets pushed up to $15, prices will soar. Those who are unemployed, those who support family, those who are living off of welfare, Social Security or pensions will struggle.
Once again, this is wealth transference, but with the added bonus of bankrupting businesses and making many people utterly unemployable.
My brother's business has been very lucrative. But thanks to California's minimum wage increases, he will be out of business in three years. So he, his company and about 35 jobs are leaving California.
Smart people, these Progressives.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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