A question concerning economics & minimum wage

[Sharpryno]

sabvre42 said:

Sharpryno said:

 

It's really not.  If minimum wage went up to $9 an hour.  You think the cost of everything will increase by $1.75?  Not even close, maybe 10 cents.  

If you work 40 hours a week, no matter the job, you should be able to afford a decent living.  Not dirt poor poverty like we have today.  And companies cutting hours to under 30 so employees receive zero benefits simply needs to end.  

Too much greed in the world today. 

$9 <> $15 does it buddy?

$9 an hour is barely above where the market has placed most peoples wages. The number of people that actually make federal minimum wage is alot less than you seem to think. The amount than make less than $15 an hour is much much much higher.

Yes, IIRC, Sanders plan is as followed:

2017: $9.25/hour
2018: $10.75/hour
2019: $12.50/hour
2020: $15.00/hour

Or something similiar.  My only complaint is rural areas that  can be problematic.  But most places, perfectly acceptable.  Corporations and republicans have literally brain washed people into think minimum wage is fine where it is.  And that is a massive joke.  I make north of 70 grand a year about 6 months after college and I am in massive favor of it rising.  Too many people I know back home where I am from have to live with those shitty jobs and make slave wages. 

If you somehow get away from these slave wage jobs, government assistance would be much less in regards to welfare.  Think big businesses give a shit if you have to live off the government as well as work in order to live life, negative.  

America is falling behind other countries because of corporate greed with examples being this, healthcare, college tuition and so much more.