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Minimum Wage
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<blockquote data-quote="wkmac" data-source="post: 1720806" data-attributes="member: 2189"><p>I keep hearing a number of people say we need a minimum wage and they are very sure of themselves. </p><p></p><p>At the same time I hear people opposed to a minimum wage increase, often of any kind, and yet among those who oppose, many of them advocate or would entertain the idea of returning our monetary system to some form of gold and/or silver backing. </p><p></p><p>It is in this area that a compromise might be discovered.</p><p></p><p>In 1964', the minimum wage was $1.25 per hour and could be paid in 5 silver quarters. Using the current (today) melt price of silver as $12.151 per dollar weight @ 90% silver, those same 5 quarters have a melt value of $15.18 or $15.18 per hour. </p><p></p><p>Seems to me that the 2 sides of this issue have common ground as one side is solved by the other.</p><p></p><p><img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 1720806, member: 2189"] I keep hearing a number of people say we need a minimum wage and they are very sure of themselves. At the same time I hear people opposed to a minimum wage increase, often of any kind, and yet among those who oppose, many of them advocate or would entertain the idea of returning our monetary system to some form of gold and/or silver backing. It is in this area that a compromise might be discovered. In 1964', the minimum wage was $1.25 per hour and could be paid in 5 silver quarters. Using the current (today) melt price of silver as $12.151 per dollar weight @ 90% silver, those same 5 quarters have a melt value of $15.18 or $15.18 per hour. Seems to me that the 2 sides of this issue have common ground as one side is solved by the other. ;) [/QUOTE]
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