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In Ontario Canada, minimum is 10.25Damn, and Canada came up with Degrassi. I have to turn my back on the US & move to Canada.
I guess another L to the Americans
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Raising minimum wage will not help anyone,This. Obama is fucking stupid, but everyone that voted for him is just as bad.
I make $10 an hour as an asst manager, if the niggas below me are gonna be makin 10 imma want 15-20, Companies are just going to be spending more to pay employees. Now the company I work for will raise prices for the customers who wish to shop with us to accommodate my paycheck
Inflation. that $10 is nothing but a number. 50cents back in the day went along way, we gonna be sayin the same to our grandkids about $5 cause Obama is fuckin retarded.
In Ontario Canada, minimum is 10.2525 hour part time week wit dat 10.25. winnin out cheaa
I guess another L to the Americans
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Raising minimum wage will not help anyone,Thanks hb, I always get a good laugh out of these threads.
I make $10 an hour as an asst manager, if the niggas below me are gonna be makin 10 imma want 15-20, Companies are just going to be spending more to pay employees. Now the company I work for will raise prices for the customers who wish to shop with us to accommodate my paycheck
Inflation. that $10 is nothing but a number. 50cents back in the day went along way, we gonna be sayin the same to our grandkids about $5 cause Obama is fuckin retarded.
Ayyy!-Fonzie
lolRaising minimum wage will not help anyone,Thanks hb, I always get a good laugh out of these threads.
I make $10 an hour as an asst manager, if the niggas below me are gonna be makin 10 imma want 15-20, Companies are just going to be spending more to pay employees. Now the company I work for will raise prices for the customers who wish to shop with us to accommodate my paycheck
Inflation. that $10 is nothing but a number. 50cents back in the day went along way, we gonna be sayin the same to our grandkids about $5 cause Obama is fuckin retarded.
ITT: a bunch of hypebeasts thinking they know more about economics than the president of America and his cabinet of PhD economists.
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lol homes thinks he's smart. hypebeasts or not, it's basic economics. check out what happened after our last minimum wage raise. absolutely nothing.You're right, it is basic economics, which is why I find it funny. I learned enough to know nearly every post in this thread is wrong in my first college economics class 3 years ago, so I'm guessing the career bankers, economists, and actuaries on Obama's team know what they're doing.
what they could be doing is the same thing Japan is doing right now, which is decreasing the value of their currency so the exchange rate falls, and the value of our goods becomes cheaper to the rest of the world, they start importing our goods more and our economy is stimulated. but for obvious reasons, at the same time, inflation is bad. and weak currency is also very bad.lol homes thinks he's smart. hypebeasts or not, it's basic economics. check out what happened after our last minimum wage raise. absolutely nothing.You're right, it is basic economics, which is why I find it funny. I learned enough to know nearly every post in this thread is wrong in my first college economics class 3 years ago, so I'm guessing the career bankers, economists, and actuaries on Obama's team know what they're doing.
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Yall are stupid "increasing minimum wage will increase prices." So you're saying that if wages go up, business owners will have to increase prices so they can make more money to compensate? if increasing prices made them more money, they would do it regardless. They don't, because economics doesn't work like that. Minimum wage has never lead to inflation, and if it has, prove me wrong. I want stats.You proved exactly why increasing minimum wage is terrible. Now businesses are forced to to put out more money in wages and take a smaller profit because of it. The only reason why he is doing this is because the government will have an increase in revenue, and the private sector will bare all of the burden.
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They could, but given the fact that our economic strengths have not lied in exporting goods for quite some time now, that would hurt us in the long run. America is not, and will probably not ever be again, a source of cheap goods or labor.what they could be doing is the same thing Japan is doing right now, which is decreasing the value of their currency so the exchange rate falls, and the value of our goods becomes cheaper to the rest of the world, they start importing our goods more and our economy is stimulated. but for obvious reasons, at the same time, inflation is bad. and weak currency is also very bad.lol homes thinks he's smart. hypebeasts or not, it's basic economics. check out what happened after our last minimum wage raise. absolutely nothing.You're right, it is basic economics, which is why I find it funny. I learned enough to know nearly every post in this thread is wrong in my first college economics class 3 years ago, so I'm guessing the career bankers, economists, and actuaries on Obama's team know what they're doing.
also, lol at the concept of politicians "know what they're doing". if they did, why the fuck are we just barely out of the recession? we're still in...hmm i'd say about the 4th inning.