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It adds about 4 billion/year into the economy. That doesn't fix the economy but it certainly helps. Certainly more than the do-nothing Republicans are offering.
Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
It will help those working for minimum wage
Since the cost of the raise is passed to the consumer, there's no net gain for the employee relative to the increase. They will have no more purchasing power than they do already
-Geaux
Yes they will because the cost will be spread out among ALL the consumers, not just the minimum wagers.
Then you haven't read your own post which extends beyond rightardism. When you put 4 billion dollars into the hands of those on the lowest end of the pay scale, they spend that money -- putting it directly into the economy.It adds about 4 billion/year into the economy. That doesn't fix the economy but it certainly helps. Certainly more than the do-nothing Republicans are offering.
Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
Exactly. Which is why rightards, who are too ignorant to get that, should never be allowed to make any economic decisions.It adds about 4 billion/year into the economy. That doesn't fix the economy but it certainly helps. Certainly more than the do-nothing Republicans are offering.
Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
Actually..this post ranks as pretty stupid.
We have a consumer based economy.
Pooling wealth makes no sense. That money sits in one place and doesn't enter the economy.
Spreading it does.
More people with money? The quicker they spend it.
Could this be a ploy to get more people on Obamacare?
I just did the math.
$7.25 x 40 hrs. = $290
$290 / $10.10 = 29 hrs.
I can keep my payroll the same and I can stop offering insurance.
It adds about 4 billion/year into the economy. That doesn't fix the economy but it certainly helps. Certainly more than the do-nothing Republicans are offering.
Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
Actually..this post ranks as pretty stupid.
We have a consumer based economy.
Pooling wealth makes no sense. That money sits in one place and doesn't enter the economy.
Spreading it does.
More people with money? The quicker they spend it.
Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
Actually..this post ranks as pretty stupid.
We have a consumer based economy.
Pooling wealth makes no sense. That money sits in one place and doesn't enter the economy.
Spreading it does.
More people with money? The quicker they spend it.
So we ask you liberals again where did all that 7 trillion dollars Obama spent go? Did you get any?
Keeping the country running. Indirectly, I got some. Thanks to Obama's policies, my 401K has never been higher.Adjusting minimum wage rates doesn't add any money into the economy. That's the stupidest shit I've heard today.
Actually..this post ranks as pretty stupid.
We have a consumer based economy.
Pooling wealth makes no sense. That money sits in one place and doesn't enter the economy.
Spreading it does.
More people with money? The quicker they spend it.
So we ask you liberals again where did all that 7 trillion dollars Obama spent go? Did you get any?
Could this be a ploy to get more people on Obamacare?
I just did the math.
$7.25 x 40 hrs. = $290
$290 / $10.10 = 29 hrs.
I can keep my payroll the same and I can stop offering insurance.
Many business are considering how to pass the cost of Odummercare. AOL CEO was on Sqwuak Box yesterday morning saying they are likely to pass the cost to the employee by cutting other benefits.
What an Un-American deal
-Geaux
Many business are considering how to pass the cost of Odummercare. AOL CEO was on Sqwuak Box yesterday morning saying they are likely to pass the cost to the employee by cutting other benefits.
What an Un-American deal
-Geaux
ObamaCare is becoming the Dog that Ate Everyone's Homework.
AOL is cutting benefits and hours because it is dying as a service. AOL has been dying for years.
BUt now the CEO can blame ObamaCare for his incompetence.
The day I quit AOL was when I called them with a customer service issue (They cut me off because I used the word "asshole" to describe someone) and they passed me between three people in India before they got to someone who could solve the problem. I switched to Comcast the next week.
