I don’t get it everyone always talks about job loss with a higher minimum wage which happens but not at a significant enough to change people opinions. What minimum wage increase does to inflation is never talked about how the price of goods & services goes up and it brings the middle class closer to poverty level. It does not matter what the minimum wage is the price of goods & services will go up to compensate for that minimum wage increase over a very short period. The minimum wage worker will always be at basically the same buying power, but it kills the middle class.
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Starting Friday, McDonalds will offer the NEW" obama menu".. you get to order anything you like, and the person behind you has to pay for it...
I don’t get it everyone always talks about job loss with a higher minimum wage which happens but not at a significant enough to change people opinions. What minimum wage increase does to inflation is never talked about how the price of goods & services goes up and it brings the middle class closer to poverty level. It does not matter what the minimum wage is the price of goods & services will go up to compensate for that minimum wage increase over a very short period. The minimum wage worker will always be at basically the same buying power, but it kills the middle class.
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