XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: Basperados@bass.gov   
      
   "RD Sandman"  wrote in message   
   news:XnsA17764BF3FB12hopewell@216.196.121.131...   
      
   Jeanne Douglas  wrote in   
   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?   
   >   
      
   Then why does a Burger King $1 burger now cost $1.29?  Why does a new   
   Chevy Camaro selling for $3,700 about three decades ago now cost #37,000?   
      
   ####   
   Socialist Unions, as far as automotive crap goes.   
   Price of steel, where it became cheaper to buy steel OUT OWN STEEL back from   
   Japan!?   
   White Castle's used to be a nickel ( 5 cents) until the 1940's, then at ten   
   cents until the 60's !   Now?  $0.75!   
      
   Cost of living?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)