477cea4c   
   XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Jeanne Douglas"  wrote in message   
   news:hlwdjsd2-F00C22.23120201032013@c-131-121-196-216.gonavy.usna.edu...   
   > In article   
   > ,   
   > Jason@nospam.com (Jason) wrote:   
   >   
   >> In article   
   >> ,   
   >> Jeanne   
   >> Douglas  wrote:   
   >>   
   >> > In article   
   >> > ,   
   >> >  Jason@nospam.com (Jason) wrote:   
   >> >   
   >> > > In article , "Scout"   
   >> > >  wrote:   
   >> > >   
   >> > >   
   >> > > > >>>> Sometimes.  But then when the wages go up so do the prices of   
   >> > > > >>>> the   
   >> > > > >>>> goods and services you wish to buy because they now cost more   
   >> > > > >>>> to   
   >> > > > >>>> produce.  Then your gain was only temporary.   
   >> > > > >>>>   
   >> > > > >>>> Raising minimum wage affects a lot more people than just those   
   >> > > > >>>> at   
   >> > > > >>>> the   
   >> > > > >>>> very bottom.   
   >> > > > >>>>   
   >> > > > >>> That's why it's called a spiral. One thing affects the other.   
   >> > > > >>   
   >> > > > >> Yep.   
   >> > > > >>   
   >> > > > > One difference is that higher wages create higher demand for   
   >> products and   
   >> > > > > service. Higher prices do not.   
   >> > > >   
   >> > > > And do you think higher wages can occur without higher prices in   
   >> > > > the   
   >> > > > products and services so as to pay for that higher wage?   
   >> > >   
   >> > > Good question--the answer is that we will have higher prices in the   
   >> > > products and services so as to pay for that higher wage.   
   >> > >   
   >> > > I was employed by Long John Silver's Seafood Shoppe when the minimum   
   >> > > wage   
   >> > > was increased. The prices charged for every item on the menu were   
   >> > > raised   
   >> > > as a direct result of the increased minimum wage.   
   >> >   
   >> > So what?   
   >>   
   >> It harms the economy.   
   >   
   > It has NEVER harmed the economy every time it's been raised before, so   
   > why all of a sudden would it do so now?   
      
   Really?   
      
   So why have prices gone up?   
      
   Why is it that the minimum wage that was a working wage, no longer is?   
      
   But if you can only answer one question, then answer this one.   
      
   Do you think increasing costs harms the economy?   
      
   It's a very simple question with a very simple answer. Sort of Econ101.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)