Sorry didn't catch that you were talking about your starting rate.
Inflation is largely subjective. The government figures are not definitive, but just educated opinions. I would argue that if you include healthcare as a necessary cost of living, and account for the recent increases in healthcare costs, it wouldnt be too far fetched to justify inflation reaching that level
I disagree.
why cant they just put in a COLA ?Every two or three years? when minimum wage was $5.15 for over a decade...they jumped it up to $7.25 in one swoop. Thats a 40% increase in one shot.I dont know what the answer is...but you cant do it all at one time.
Seems reasonable to me ... use the same COLA they use for Soc Sec.
It may not cause unemployment...but it may cause under employment. The reason I say tis is. I have a friend who is in the grocery business. The last time minimum wage went up...the store couldnt raise their prices by the same percentage as the wage increases. So they shaved an hour or two off of everybody's scheduled work week!
15 bux an hour for minimum wage isn't so far fetched when you look at the grand scheme of things. Minimum wage has never kept up with the cost of inflation. Everything nowadays is expensive. I can see where someone would think that someone flippin burgers doesn't deserve to make 15 bux an hour. True it really isnt that hard. But im sure there is someone out there who is doing manual labor and working hard for the minimum wage. Its easy for us to sit back while were making 32 bux an hour and act snobby like we weren't in that persons shoes before. Most likely some of us may have been. Are there people that work in some of these restaurants that are lazy people who don't want to work, of course there are. That will never change. But with the way the economy has recessed in the last few years there probably a lot of people who may not have a choice but to take a job flippin burgers on top of maybe a 2nd and 3rd job to make ends meet. Some people don't have the opportunities and resources as other people to find a good job, whatever the case may be. Just kills me how people are so closed minded and selfish about their opinions of where people work, when you don't even know that persons story. Theres always going to be bad seeds and good seeds. I feel bad for the people who may be good people trying to work hard and provide for their families with this sillyminimum wage we have in this country. Its sad that people are so stinkin selfish nowadays.
Not everyone wants to goto college and become an accountant or banker, or whatever else. I know those careers sound enthralling and enlightening on the surface. Do people really grow up saying "I want to be a hedge fund manager"? What a suffocating life. My father made what you call "good" decisions -retired Colonel, businessman and will die wealthy but missing the best years of his life (and his family). I'd rather die penniless and leech the system than be a mindless, unthinking robot in whatever machine you have in mind.
always stirring the pot!
