Thanks for the most nihilistic post of the day, un
Post# of 65628
Posted On: 05/13/2016 11:40:05 AM
Thanks for the most nihilistic post of the day, until the very next one.
On the one hand you made the case for SS COLA increases tagged to more realistic measures of Seniors' expenditures, food, medicine.
Then you undercut it with a BS statement about minimum wage increases, as if they happen instantly rather than gradually.
http://www.epi.org/blog/inflation-makes-propo...ey-appear/
And they are way too small a part of the overall job market to have the outsized effects that so many fear:
http://www.pbs.org/newshour/making-sense/undi...imum-wage/
How many minimum wage workers are there?
In 2013, 3.3 million Americans worked at an hourly rate at or below the federal minimum of $7.25. This data comes from the Current Population Survey (conducted by the Census Bureau for the Bureau of Labor Statistics). Note that the Current Population Survey does not specify whether workers are covered by federal or state minimum wages; their calculations are based only on the wage reported.
Those 3.3 million Americans represent just 4.3 percent of hourly paid employees.
Quote:
Maybe Trump / Because he can see maybe that without people buying things that there is no economy and if people have no money they can't buy things.
It is like raising the wage everything else will go up to cover the increase so your back to the same spot.
On the one hand you made the case for SS COLA increases tagged to more realistic measures of Seniors' expenditures, food, medicine.
Then you undercut it with a BS statement about minimum wage increases, as if they happen instantly rather than gradually.
http://www.epi.org/blog/inflation-makes-propo...ey-appear/
And they are way too small a part of the overall job market to have the outsized effects that so many fear:
http://www.pbs.org/newshour/making-sense/undi...imum-wage/
How many minimum wage workers are there?
In 2013, 3.3 million Americans worked at an hourly rate at or below the federal minimum of $7.25. This data comes from the Current Population Survey (conducted by the Census Bureau for the Bureau of Labor Statistics). Note that the Current Population Survey does not specify whether workers are covered by federal or state minimum wages; their calculations are based only on the wage reported.
Those 3.3 million Americans represent just 4.3 percent of hourly paid employees.
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