[webz]

Quote:

Originally Posted by Dr Kain

That defies the whole point of raising wages then. The point of it is so people can actually afford to live. If they're raising prices, then they're just resetting the problem, which also shows how greedy these companies have become.

Though, if some high school drop out is now making $15 an hour, why the hell did my wages not go up? I make $16 an hour with a Master's degree.

I also don't get why the prices are going up at all as Hasbro said they wouldn't have to raise them now that the oil thing was settled.

Minimum wage isn’t an economics issue, it’s a political issue. When a third party controls the value between two others, prices don’t match the actual value. Look at healthcare and education. When a company’s costs go up, they either fold or adapt (layoffs or price hikes). Why should a company take it in the shorts? They have just as much right to income as you do. That business is helping parents put a roof over kids, food in baby’s tummy, and contributing to the economy instead of leaching with food stamps.

Minimum wage is a concept that doesn’t work in capitalism. You raise wages, you raise prices or kill competition. Living wages are more political mumbo. No company is required to pay what housing costs are. Starter jobs and fast food jobs are there to build the skills to get better jobs, not promote mediocrity. The fries cook or Walmart greeter shouldn’t make more than a trained welder.