Ok Folks, I know I'm going to catch some flack for this, as published "evidence" states that there are no negative effects to raising the minimum wage
and since Seattle right now has the minimum wage almost double the national and is having a current boom to their economy. I've read the articles, I
know what they are saying. Raise minimum wage, raise the 23 percent of those Americans to live above the poverty level and it will be good for the
economy. In the short run, they are right. For a little while they will get to live above poverty.....
And that 's when reality will have to set in. Might not happen in a month, but by year end we will see the tailspin of inflation.
I don't have any statistics to provide for this, that's why I'm posting this in the rant section. All I have are my own meager observations from the
last 6 times minimum wage has gone up (and that is from the moment I knew what minimum wage was) and as demonstrated by this time video
whatever raising minimum wage did in the past has not been happening for
over 30 years.
So, this is what will really happen when minimum wage goes up to 15 dollars an hour. Ready?
First is the predicted dancing in the streets, the influx of dollars going into the economy, working poor going off of food stamps, and everyone is
happy. The gas station clerk can feed her family, the cart boy can move out of his parent's basement, the stock clerk can quit their 2nd or 3rd job,
and the factory workers and unarmed security guards will breathe a little easier. Not to mention, all those fry cooks and fast food clerks can
actually afford to go out and eat something that doesn't come supersized. This might last a little while.... Until
Thing is, the owners of the gas stations and big oil are going to look at how their profit is dropping however much it is, and see a opportunity to
raise the price of gas and products at their gas station. The farmers who use oil to make the machines that plant, water, and harvest their food and
are already subsidized by the government and are struggling because they have to buy seed from Monsanto, will have to raise the price of food since
they need to be able to make their payments to the bank and provide for their families.
Not the only hit to the grocery industry, each grocery chain, since mom and pop stores are almost all but extinct, have a bottom line to meet and they
don't want their profits to look less than rosy. Lets face it, if they wanted to pay their clerks more than minimum wage, they would already be
making that. So they up the costs over all all over the store. They may evenly distribute it through all the staples on the shelves, throwing a sale
in here or there to draw you in, but make sure that they cover the now increased overhead of raises for the clerks and the increased amount they pay
the farmers and/or distributors.
Likewise, any factory of American made product or raw material that currently pays their employee minimum wage, not to mention the good factories that
do pay their employees enough to survive also has a need for big oil, as we are super dependent on that one item. For the American made products
that pay minimum wage, the wage increases and oil price rise will be a double whammy resulting in one of two results. Either the products we buy
every day, sundries, clothes, shoes, household goods and cleansers, even cars are going to go up in price to make up for the fact of the increased
overhead or these factory owners are going to look to moving what is left of American factories overseas and lay off countless Americans. I have to
repeat, if those businesses wanted to take on the burden of poverty on their own bottom line then their employees wouldn't be making minimum wage.
The company that is responsible and pays a living wage, will have to raise their products prices as well to meet the oil prices, and are going to have
to pay their employees even more so they can meet the rising food, product, and oil costs.
Fast food and grocery will turn the check out clerk into self service kiosks with only one or two people to police them. Everything will be
automated with just a person to make sure it is all functioning properly.
Security companies will have to pay their guards more, which means they will charge their clients more, who in tern will raise their service costs.
To meet with the increasing prices of the basic materials, every other job/professional will raise the wages and prices of goods and services.
And in the end, we end up WORSE than we were before.
Gone are the days when those in power had to pull themselves out of the muck to get to the top. Gone are the days where the CEO remembers eating
ramon noodles for months straight so their children can afford some healthier food or watching their mother cry over the bills because she isn't
making enough to support the family. We have the Kardasians, Hiltons, Kenedys and Bushes. CEO's inherit their places like a king inherits his
thrown. They are the modern day aristocracy, riding on the backs of their fore-fathers.
They won't give up their yachts, private planes and penthouses so the rest of us can live comfortably. They don't care about our comfort.
IF THEY DID, MINIMUM WAGE WOULDN'T NEED TO EXIST BECAUSE EVERY WORKING BODY WOULD BE MAKING A LIVABLE WAGE.
Please, please, please, wake up everyone. Raising minimum wage is a scam to keep the masses from noticing how high on the hog the upper class live
and how low on the totem poll they are.
edit on 9/16/2015 by JessicaS because: fixing grammar