So, those already making $8.25 get to see price hikes that compensate without getting a payraise themselves. Meaning those who make close to the new minimum are actually going to be worse off.
What happens is that the people making 7.25 to up to 8.25 . Everybody gets about 13% raise and then the price of everything goes up about 13% and the only winner is the IRS.
posted on 02/14/2013 2:47:46 PM PST
(They are marxists, don't call them democrats)
Historically, prices go up more than 13%, so they have a net loss.
posted on 02/14/2013 2:57:12 PM PST
(Everyone complains about the weather, but only Liberals try to legislate it.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson