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The Water Cooler
General Discussion
Minimum Wage - the fallout!
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<blockquote data-quote="mr ed" data-source="post: 2773698" data-attributes="member: 6777"><p>Raise it to $100 an hour. It won't help. Union and other contracts are tied to min. wage . Example you make $10 plus min. wage = $17.50 hr. Min. wage goes to $15 you now get $25 an hr. All prices will rise accordingly and the Gubment will raise the poverty level to be inline. </p><p>Also look at Obamacare. For man and wife making $8 an hour each with 2 kids Obamacare is FREE. Man an wife making $15 each per hr. same coverage is $1648 per month. Thats $5 per hour each of your increases to cover Obamacare. and don't talk about the tax credits nonsense. millions ended up paying it back.</p></blockquote><p></p>
[QUOTE="mr ed, post: 2773698, member: 6777"] Raise it to $100 an hour. It won't help. Union and other contracts are tied to min. wage . Example you make $10 plus min. wage = $17.50 hr. Min. wage goes to $15 you now get $25 an hr. All prices will rise accordingly and the Gubment will raise the poverty level to be inline. Also look at Obamacare. For man and wife making $8 an hour each with 2 kids Obamacare is FREE. Man an wife making $15 each per hr. same coverage is $1648 per month. Thats $5 per hour each of your increases to cover Obamacare. and don't talk about the tax credits nonsense. millions ended up paying it back. [/QUOTE]
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Minimum Wage - the fallout!
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