Originally Posted by
Pony
Yes, salaries have stagnated. But is the answer doubling the minimum wage over the next 15 months? Minimum wage would be $32,000 in 2021. All goods and services will skyrocket, what about the middle class people making 32k to 50k? Are they going to get $10k pay increases as well? Or are we just going to let half the middle class disappear?
I'm all for slowly increasing pay for all, Just not a fan of the govt forcing businesses to do it as a "fix all". Especially in a short time period that will have devastating effects on the local economies.
50 years ago the man of the house worked HARD to support his family, even holding two full time jobs if needed. If the family couldn't afford something they went without.
Now everyone has $1000 iPhones, $200 shoes, a $200/month cable and internet bill. A new-ish car with car payment, many living alone in a decent apartment. and complain all the time about how they are broke and it's the rich white mans fault.