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The Water Cooler
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Minimum Wage - the fallout!
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<blockquote data-quote="John6185" data-source="post: 2846767" data-attributes="member: 25679"><p>If just the minimum wage goes up to $15.00 per hour then the manager of McDonald's wouldn't be making anything so they'd have to raise the manager's wages to be fair. Then the cost of the product is going to go up proportionally to what?...$9.00 for a Big Mac? And we all are sitting back with our puny pension if we even have one...who is going to pay those prices? </p><p> I am not buying into the idea of $15.00 minimum wage, it is foolish and will lead to inflation on most item produced and procured in the US. Bernie is nuts! We can't afford free college, free medical and he wants to raise taxes to ?20% more to pay for the freebies-then we have Obama's national debt....and he wants 4 billion to fight the mosquitoes!</p></blockquote><p></p>
[QUOTE="John6185, post: 2846767, member: 25679"] If just the minimum wage goes up to $15.00 per hour then the manager of McDonald's wouldn't be making anything so they'd have to raise the manager's wages to be fair. Then the cost of the product is going to go up proportionally to what?...$9.00 for a Big Mac? And we all are sitting back with our puny pension if we even have one...who is going to pay those prices? I am not buying into the idea of $15.00 minimum wage, it is foolish and will lead to inflation on most item produced and procured in the US. Bernie is nuts! We can't afford free college, free medical and he wants to raise taxes to ?20% more to pay for the freebies-then we have Obama's national debt....and he wants 4 billion to fight the mosquitoes! [/QUOTE]
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