XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Dakota"  wrote in message   
   news:kgthkb$6db$1@dont-email.me...   
   > On 3/2/2013 11:53 AM, RD Sandman wrote:   
   >> 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?   
   >>   
   > Wow! Good point. Three decades ago the minimum wage was $3.35 per hour.   
   > Now it's $7.25. The Camaro went up 10 times while the minimum wage went up   
   > about 2¼ times. Perhaps it's not the minimum wage that's caused the   
   > increase.   
      
   Are you saying it caused none of the increase?   
      
   --- SoupGate-Win32 v1.05   
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