July 02, 2007
Yea, I’m sure they are right. I’m sure all those employers are going to give up that extra money out of their profits. Why wouldn’t they carry the burden of the loss instead of passing it on to the consumer? I mean the price on everything in this area is shooting up. Hell, it’s getting to the point that it’s cheaper for me to buy gas then milk! So I’m sure these companies and business owners are just going to pony up and say, “You know what, we are making too much profit as it is. Let’s not change anything.” Then again, maybe they won’t.
Maybe theyÂ’ll realize that now that the minimum wage has been increased, they are going to have to make up for that difference. Maybe theyÂ’ll cut back on hours, maybe theyÂ’ll cut back on benefits (like healthcare), or maybe they will turn that increased cost around to the consumer by adding to the price of their products and services? And hell, why not? If they just increased the cost of their products by 15% it wonÂ’t have that big of an effect? I mean think about it. All of these people are running around with more money in their pockets. They can afford and extra 15%, right? I mean if the employers can afford to give up an extra 15%, why canÂ’t the consumer?
But what about those that make more then minimum wage? Does anyone think the employers are going to give everyone an extra $1.00 an hour to their wages? There may be some, but if they do IÂ’d be more surprised than expecting it. I know my employer isnÂ’t going to increase my wages any. So I guess that puts me just a little bit closer to the poverty level. Essentially the government just took a dollar an hour away from me. Well, okay maybe notÂ… but thatÂ’s how it feels.
The kicker to this whole thing is that part of the law that increased our minimum wage, will also increase the minimum wage every year on July 1 by 25 cents through 2010. Increased taxes, increased gas prices, increased corn prices, increased cost of living and increased government control.
I really wish these fiscally irresponsible types would stop asking me to pay for their incompetence.
Posted by: Contagion at
05:35 PM
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ARG!!! I didn't know they had done that. Pretty soon IL will be in the same boat MA is in - no business, no jobs, and a sinking economy. *sigh*
Posted by: Teresa at July 02, 2007 10:00 PM (gsbs5)
Posted by: Richmond at July 03, 2007 07:51 AM (e8QFP)
Pisses me off .. where was all this outrage by social do-gooders and politicans when I was earning minimum wage to get through college?
I would have crapped my pants to make $7.50/hour. I was making $3.35/hour.
Posted by: Quality Weenie at July 03, 2007 10:15 AM (R6yie)
Posted by: Dr. Phat Tony at July 03, 2007 02:23 PM (fk/lm)
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