גַּבְרִי×ֵל
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no it wont hurt i just heard on TV that it helps the economy because people will buy what they need which i seem to recall what bush and dick said to do on 9/11 or else the terrorist win. so there is no need to survive on war rations! and it has not kept up with inflation so you cant blame the wage on the increasing inflation rate but you can blame inflation on those that earn 400 times more than their employees so you have to ask yourself what cost 400 times more that you need ! |
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Sgt. Pepper
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it's all cyclical.
Businesses will have to pay their employees more, but in return the employees become consumers with more money and can purchase more, giving them a return on that initial investment. |
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Erudite#1
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It will hurt businesses. Wage increase means goods cost more. Everything across the board goes up and in the long run you are not ahead. |
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collinchristine_edwards
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huge debates on the subject... I think it will help some and hurt other's, but mostly it's going to help teenagers and poor parents trying to squeek by |
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Aliz
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Well it is a viscous circle. A business will pass the expense on making the cost of living higher. Then there will have to be another raise in wages.
But there had been about 10 years without a raise, and other cost have risen (oil and food) so one was needed.
I remember my first job out of high school only paid 75 cents an hour. |
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scrapandrock
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Of course it hurts small businesses but hey isn't there some kind of election coming up? |
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texcrazyhorse9
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It will be absorbed by the economy quickly. First, very few people actually make the minimum and secondly the increase is not all that great. Even small business will pass the cost onto the consumers.
It is a good thing, for the simple reason it will give those minimum wage earners more money to spend. |
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ravensgirl
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it will help business's but it will hurt consumers. when they pay their workers a higher minimum wage they will in turn increase the prices of their products and that will help them but effect the consumer. |
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Coach
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I don't know about helping or hurting business, but I do know that it will definately speed the process of eleminating the middle class. As minimum wage rises, everyone elses wage stays the same. Pretty soon there is only going to be upper and lower class, however, the upper class will only be about 20% of Americans. They will be the ones with all of the shot calling... In short, America will be put in the hands of the Donald Trumps and George Bush's of the world. Now answer this, what do YOU think about the minimum wage increase? |
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airtightreality
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Minmum wage should go up just like everything else does. I mean really, think about it, who can actually live off of what it is set at right now. I know I'm not but, there are millions of people out there that are trying to survive off of practically nothing. It's not fair to those people who are making all the white collar peoples lives more cushiony. |
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Twogado
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I guess they say it will hurt small businesses. But when Wal-Mart cry's about it then it bothers me. I think it is about time it increased because it would be very hard to make it in the world making $5-$6 dollars an hour. |
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Nicol
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What is min wage now? Geesh Its been so long. I remember when I was 16 working at Macy's I made $5.50/hr. I am 26 now and I am glad I don't make that. I cannot believe the govt would call $5.50 a wage...that is highly insulting. |
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Barlow
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It will destroy the small businesses! |
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Farmgirl
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I know a lot of companies in my area had to raise their prices.
I am not sure what this is going to do for the economy. Maybe they should try to lower gas prices first..... |
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malinda_us
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It's going to do both. I'm actually in the process of looking for a part time job to work at after I get off from my full time job and I would love that the min wage is increased, but most smaller businesses will not be able to pay the increase to employees and may have to consider putting more responsibility on certain people and letting others go. We just have to wait and see. the bill is going to the Senate now isn't it? |
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Jamika23
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I LOVE IT!!!!! although i am a RN, the thought of making 5.15 as minmum wage cringes me! give others a chance to make money, share the wealth should be the democratic slogan, whoaaa yeah!!!!! keep it comin!!!!! just keep that money comin!!!! |
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Ψ Party-On! Ψ
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it's not going to make a huge difference; business that pay minimum wage often hire illegals, so they'll probably continue to pay them whatever they want to pay, with no benefits.
this will not have a major impact on the economy. |
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C M
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well it help pepole will get payed more and spend more. |
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babygurl
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i wish it would actually happen. so many of us live our lives paycheck to paycheck now granted i realize that its our faults for not graduating or not going to college. but there are people out there who never took that into consideration until it was to late. so i think it would be nice. |
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Britt
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I agree with malcom. I think the minimum wage increase is a great idea because things are getting so expensive and some people cant afford them with their jobs. The only problem is that prices will go up so idk we'll c |
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Devan E
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>∞E)ß↔ |
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The kid who did.
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♦☺☻♥♠♣4• |
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Search Marketing Expert
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Business won't be too affected, we'll simply pass the costs down to the consumer in the long run. |
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NeonLoveChicken
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it's going to help. In the long run businesses will save money because fewer people will quit to find better jobs. Less staff turnover equals more money for owners & better service for customers. |
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