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Thread: Minimum wage

  1. #161
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    Quote Originally Posted by Jessica80 View Post
    Getting more pay encourages more spending, companies would earn more because people are spending more, taxes would decrease because those on assistance would lessen due to not needing services anymore. It's not idealistic it would make so much economic sense.
    If the cost of say a loaf of bread went from costing me $1 to costing $3, I would not have more flexible money to spend, I would have less. Just making more money per hour would not help if my cost of living went up faster than the raise in pay. In my opinion all that it would do is devalue the dollar. It is not creating any new money, only hurting businesses.

    ~Bonita~

  2. #162
    Mega Poster mom3girls's Avatar
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    Quote Originally Posted by Jessica80 View Post
    I would think it would be in the government's best interest. Less money spend on assistance programs.

    Lisa~Merrimac is much further north...past Boston...I'm closer to Rhode Island and the Cape. About 1 1/2 hours away.
    Oh ok, I knew it was near Boston, I just didnt know if it was north or south of Boston. I am flying into Boston, he will pick me up there
    Jessica80 likes this.
    Lisa
    Molly, Morgan, Mia and Carson

  3. #163
    Prolific Poster Danifo's Avatar
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    This has nothing to do with minimum wage but I was shocked when I started looking for work in Boston how low the wages were. I assumed because of cost of living they would be more. The equivalent job that I had in Alberta pays $15-$20 less per hour here. I didn't take one of those jobs because then 110% of my income would go to daycare.

    I don't know if all salaries are lower like that here but it makes me wonder how people earning $17 / hour (the average salary for renters) do it. That wouldn't cover my daycare!
    DD1 July 2008 (41w3d)
    November 2010 (13 weeks)
    DD2 August 2011 (33w5d)

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