(August 30, 2014 at 1:24 pm)Drich Wrote: Don't you guys get that raising the min wage only cause everything to go up in price? Where do you think the money comes from to give the wage increase?
If everything goes up, then the raise you just got is meaningless.
This is the worst thing you can do.
Rather why not pay the people to work more? Only allow the government to tax the first 40 hours of every workers week, and then allow them to earn OT with out tax? This would negate the need for a second job and increase productivity at the one job. It gives the employee a 50% increases in pay! and it offers the company the production hours of another individual at 1/2 the cost once the 40 hour mark has been met.
No this is not how capitalism is supposed to work. You don't raise your prices to make up the gap when minimum wage is raised. Your company just makes less money. If your company can't survive....too bad that's capitalism.
