Results 1 to 10 of 28
Threaded View
-
03-27-2009, 02:08 PM #5Senior Member
Does raising minimum wage cause inflation?
Its real simple... employers have a certain profit margin they have to maintain to keep their doors open and have a little left to re-invest in their business/company to replace worn out and outdated equipment, etc.
Employers are in business to make a profit.
When the minimum wage is raised, the employer has 3 choices.... charge more for their products/services, or lay off people, or close their doors.
Similar Threads
-
Stephen Harper to Wage 'Mandatory Minimum Jail' Marijuana War in Canada
By Zonyc in forum Current EventsReplies: 19Last Post: 03-14-2008, 02:25 AM -
Smoking alot causes pot inflation?
By Trichocereus Panza in forum GreenGrassForums LoungeReplies: 11Last Post: 03-03-2006, 03:09 AM -
Do you support raising the minimum driving age?
By BaseRSX in forum GreenGrassForums LoungeReplies: 47Last Post: 02-06-2006, 01:53 AM -
Is the Fed an Inflation Fighter or Creator?
By pisshead in forum PoliticsReplies: 0Last Post: 10-26-2005, 06:41 AM -
minimum wage job drug tests
By StarcommanderX in forum GreenGrassForums LoungeReplies: 17Last Post: 04-20-2005, 03:23 PM