Dixie - In Memoriam
New member
Yes, yes dixie everything causes inflation, including your daily bloviating.
Now please, please show how the burden of an increased minimum wage has damaged the economy in the past.
Can you read? has damaged . Show the DAMAGE please.
Not tell me about it, show me the proof.
INFLATION = DAMAGE.
What kind of proof do you need of that?
Until you can grasp some basic understanding of economics, there is nothing I can really show you.
Raising the MW pretty much effects blue collar wages across the board, for the reasons I explained earlier... you know, before you flooded the board with two days of personal insults and buried the post? But to re-establish the point; When Joe gets his MW raised by $.50, then Jim, who only makes $.50 more than Joe, is going to expect and demand an increase too. And this 'ripple effect' goes all the way up the chain. Because of this, all the various business formulas and calculations are re-adjusted, and ultimately, the end result is, the consumer pays for the increased wage in the price of the good or service. It HAS to be like this, because we do not have magical money trees! The money HAS to come from somewhere else! I know that is a difficult thing for you to comprehend, but it's true!