"The_Carpathia" <writingken@[EMAIL PROTECTED]
> wrote in message
news:6b1107dd-8e60-4e88-991c-4735564a9bd7@[EMAIL PROTECTED]
> On May 2, 7:37 am, SilentOtto <silento...@[EMAIL PROTECTED]
> wrote:
>> On May 2, 7:47 am, The_Carpathia <writing...@[EMAIL PROTECTED]
> wrote:
>>
>>
>>
>> > When the minimum wage was being increased, a whole host of people,
>> > including myself, said that this would lead to unemployment, as
>> > employers were faced with the same human resources budget to pay out
>> > at a higher rate. It was simple math, but a lot of liberals said
that
>> > it wouldn't happen. They suggested that paying a higher minimum wage
>> > would not lead to less jobs (though they couldn't explain how that
>> > would keep from happening).
>>
>> > Well, now, it's
>> >
happening....http://news.yahoo.com/s/ap/20080502/ap_on_bi_go_ec_fi/economy
>>
>> > Faced with rising human resource cost and the same money, employers
>> > (from private businesses to public school districts) ARE hiring less
>> > people, and all of the newly unemployed can thank the Democrat
>> > proposal to raise the minimum wage for their pink slip. The irony
>> > here (almost funny) is that the Democrats have made it really hard on
>> > their next President (when they win the next election), being given a
>> > tight job market, rising (and unaddressed) social security issues,
>> > rising (and unaddressed) medicare issues, student loan interest
rates,
>> > and much more that they just kept pu****ng off to later.
>>
>> > Kenneth Clifton
>>
>> Yea...
>>
>> It's not the housing slump, tighter credit, expensive energy, the
>> trade deficit or the falling dollar...
>>
>> Nope...
>>
>> It's all the minimum wage.
>>
>> Heh heh...
>>
>> Rightards...
>
> You don't think one has anything to do with the others? Think, man,
> think. If energy companies have to pay their employees more, what is
> going to happen to energy costs? If there is a wage increase that is
> met with rising prices, it will mean a weak dollar. If people have no
> job, can they get a house?
>
> Kenneth Clifton
This is a desperate attempt to
excuse the Republican
administration for maladministration
of our government.
The unfunded war, the decline of
the dollar, tax policy, the various
financial crises caused by the
deregulation mantra of the
Republican party are the causes
of our economic problems.
Now we need to pay for these
excesses. It will take years of
sacrifice by the American people
to repair the damage done by
Republicans following the Reagan/
Gingrich/ Bush/ Norquist theory
for destroying our government
and our economy'
|
