Friday, August 30, 2013
If Fast Food places started to pay workers $15/hr
Prices would go up and quality of the food will go down, It won't be one or the other it would be BOTH.
The number of jobs available will be reduced. This would be done by reducing the number of stores in an area. The store or stores that remain will have more workers to try to handle a higher flow of traffic. They would only keep the best workers. Those who are hired in the future, would need better qualifications than they do now. The high school drop out with no work experience will very likely not get hired. Working at a Taco Bell would only be a dream.
If Minimum wage is increased to $15/hr
This would be raised over a period of years.
A lot more people would be working at minimum wage. A person paid above minimum wage but below $15/hr would slowly find themselves back working at minimum wage. A person making 1.5 times minimum wage, would then make someplace between minimum wage and 1.5 times. Prices will increase.
Changes in Taxes may not occur. If no increase in standard deduction, or a lowering of tax rates occurs, the person who was making minimum wage will pay a higher effective tax rate.
Union wages would go up. In most contracts the union wage is based on minimum wage e.g. 3.2 times minimum wage. As long as prices do not increase too much you will be making more money.
It comes down to this.
It is not how much money per hour you are making, but how many hours must you work to pay for things.
How many hours will you need to work to pay your Taxes?
How many hours will you need to work to pay for a gallon of milk?
How many hours will you need to work to pay for a pound of hamburger?
How many hours will you need to work to pay for a package of hamburger helper?
How many hours will you need to work to pay for Rent?
How many hours will you need to work to pay for a gallon of gas?
How many hours will you need to work to pay just to see a movie in the theater?
How many hours will you need to work to pay for your electricity?
How many hours will you need to work to pay your cable bill?
IF you work more hours to get these things, then you are getting paid less. The check may look bigger but you are getting paid less.
Wednesday, August 28, 2013
So what does President Obama do against Syria?
First it needs to make the case for action. The administration needs to prove chemical weapons were used and that whatever action taken will stop further use of chemical weapons. Of ALL the past Presidents, President Obama is least likely to use military action against anyone. For them to even be talking this is way could only occur if the evidence is strong against Syria. We would need to be able be certain no one used a chemical attack in order to manipulate the United States into taking action agaist the Syrian government.
Will the action stop further use of any weapons of Mass Destruction? Either the weapon would be used against the Syrian people or it will be used against Israel or against a country (or countries) of who lead the military strike against Syria.
Are we willing and able to handle some of the possible reaction of Russia and China? Part of this means being able to cut spending in order to eliminate a deficit. Since China tends to supply us with funds when have a deficit, being able to economically survive with out China's funds will be the only way to handle economic retaliation performed by China.
If No reply occurs we are simply allowing mass murder to continue. When does the United States take action? Sure the libertarian would say no action ever, but so we have moral obligation to help those who could not defend themselves? Even if those who we help may desire themselves to harm us.