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as i said, what does that mean? do you own stock? do you sit and do nothing (like a investor type) what does your job entail?
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Minimum wage was established in the early 20th century, and was a contributing factor to The Great Depression. I wish minimum wage was never put in place. The real wage for people essentially stayed the same prior the implementation of minimum wage.
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Minimum Wage Maximizes Teen Jobless Rate
Posted by Ryan Young The Washington Post has a story today about the difficulty young people are having finding summer jobs. Their unemployment rate is over 18%, compared with only 5.5% for the general population. Nowhere in the article’s 825 words is the most likely culprit mentioned — the recent minimum wage increase, which affects young people more than any other age group. When something costs more, people buy less of it. Raising the minimum wage makes it more expensive to hire workers. Ergo, fewer of them are hired. Link
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"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Schopenhauer “How fortunate for leaders that men do not think.” - Adolf Hitler "We should never forget that everything Adolf Hilter did in Germany was 'legal'" - Martin Luther King Jr., from a Birmingham jail, April 16, 1963. |
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Supply and demand have a funny way of working and destroying many liberal economic and political theories. |
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That I actually like working at Macca's?
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Farewell my beautiful Gracie Baby: 15th Jan 1997- 18 Jul 2009 Mak's Blog - Updated 27/1/10 |
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You seem to think you are smart because you are earning a ton of money. You could be the richest person on earth, doesn't mean you have a brain.
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Farewell my beautiful Gracie Baby: 15th Jan 1997- 18 Jul 2009 Mak's Blog - Updated 27/1/10 |
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You work at McDonald's on purpose?
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Through any and all LEGAL means necessary, the Obama Administration's existence must be neutralized and cancelled out. ----------------- If you are on the chopping block, just contact me. You don't need to be banned. Contact me even if I hate you. |
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