DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Senate ups wage to $7.25 over two years THANK YOU DEMS!

**buyviagraonlineusatoday** · 01-03-2007, 01:05 AM

Yay! Some people with low incomes will lose their jobs now because businesses that pay minimum wages will be forced to cut jobs to continue to compete. Those left with minimum wage paying jobs will have to take on more work. Yay! All the democrats will achieve is increase the unemployment rate and increase the cost of living. The only people they are hurting are the poor who are of course are mostly uneducated, don't understand market forces, are easily duped and voted for them. How ironic, how idiotic, how sad.

They have put in some sort of tax cuts to counteract the hit on labor but I agree with you.

Raising the minimum wage simply makes things more expensive. The way I react to the increase is only buy what I need. I end up spending less and saving more because I can't see the value in the increase in price. I start eating at home because fast food places prices rise. Cutting back on my overall spending.

What does that do for our economy? It eliminates jobs. Employers have to cut jobs because they have to remain competitive to stay in business and people like me aren't buying. Cost goes up demand for products go down.

01-03-2007, 01:05 AM	#4
buyviagraonlineusatoday Join Date Oct 2005 Posts 499 Senior Member	Yay! Some people with low incomes will lose their jobs now because businesses that pay minimum wages will be forced to cut jobs to continue to compete. Those left with minimum wage paying jobs will have to take on more work. Yay! All the democrats will achieve is increase the unemployment rate and increase the cost of living. The only people they are hurting are the poor who are of course are mostly uneducated, don't understand market forces, are easily duped and voted for them. How ironic, how idiotic, how sad. They have put in some sort of tax cuts to counteract the hit on labor but I agree with you. Raising the minimum wage simply makes things more expensive. The way I react to the increase is only buy what I need. I end up spending less and saving more because I can't see the value in the increase in price. I start eating at home because fast food places prices rise. Cutting back on my overall spending. What does that do for our economy? It eliminates jobs. Employers have to cut jobs because they have to remain competitive to stay in business and people like me aren't buying. Cost goes up demand for products go down.
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