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fair minimum wage
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<blockquote data-quote="Catatonic" data-source="post: 1249787" data-attributes="member: 7966"><p>The cost of living goes up because the cost of goods and services goes up since wages are usually a major component of the cost to provide those goods or services.</p><p>The major impact is on the middle income wage earners whose wages do not go up but their cost of living does.</p><p></p><p>Thinking back to Jimmy Carter and his admonitions to Americans to be more frugal, if minimum wages goes up, Americans may stop eating out as much and purchasing other minimum wage provided goods and services.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1249787, member: 7966"] The cost of living goes up because the cost of goods and services goes up since wages are usually a major component of the cost to provide those goods or services. The major impact is on the middle income wage earners whose wages do not go up but their cost of living does. Thinking back to Jimmy Carter and his admonitions to Americans to be more frugal, if minimum wages goes up, Americans may stop eating out as much and purchasing other minimum wage provided goods and services. [/QUOTE]
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