OldCoyote
Senior Associate
Joined: Dec 21, 2010 10:34:48 GMT -5
Posts: 13,449
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Post by OldCoyote on Dec 5, 2019 10:23:59 GMT -5
OK, so That means that half of the Americans have high paying jobs? Let's take a second to say something about minimum wage,
Yea, we can raise the MW , it is only effective for a very short time, then the local economy will not only catch up, but will pass the point of spending ability of the person had at point "A"! Every thing goes up, even if it was not effected by MW!
It is the psychological effect, every thing is going up, I need to raise my prices,,, even if you were not directly effected ,,you are still effected!
Case in point, McDonald's Quarter w/ cheese meal med. size,,, the other day, $8.69 out the door!!! Up from $5.50, a couple years back,, Rent follows!!
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