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"They'll just raise prices if thy raise the minimum wage."
RE: "They'll just raise prices if thy raise the minimum wage."
(April 16, 2014 at 12:57 pm)KUSA Wrote: What they should do is save most of it to help them get through the rest of the year.

Being poor doesn't necessarily mean someone is stupid but most of them are. That might sound mean to you but is true nonetheless.

If they are paid weekly or biweekly like anyone else, the money won't be considered a bonanza and they will spend it normally. The trick will be to make it enough to be viable without making it so much that it induces vast numbers of people to quit working.

Although the way automation is going, we need to start preparing for that: robots are on their way to replacing general labor, and there are no replacement jobs for that kind of work that I can see. We'll have to give tens of millions of people enough money to get by on at some point.

(April 16, 2014 at 1:12 pm)Pickup_shonuff Wrote:
(April 16, 2014 at 11:20 am)Heywood Wrote: Then when they argued that a minimum wage was necessary to prevent blacks from undercutting white labor(and thus put their negro hands and feet on the economic ladder) you agree there is some truth to that argument?
Um, no. Where did you get racial inequality out of anything I said?

Probably the same place you got him wanting ex-cons to be treated like slaves.
I'm not anti-Christian. I'm anti-stupid.
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Messages In This Thread
RE: "They'll just raise prices if thy raise the minimum wage." - by Mister Agenda - April 23, 2014 at 6:31 pm

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