.....No he didn't?
Nixon ended the Gold Standard.
And may I remind you that the two longest depression in American History happened while we were on the Gold Standard?
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by Avenio » Fri Sep 06, 2013 11:52 am
LOSt TEJANOS wrote:ENTRY-LEVEL JOB.
by Magna Libero » Fri Sep 06, 2013 11:52 am
by LOSt TEJANOS » Fri Sep 06, 2013 11:54 am
by Grenartia » Fri Sep 06, 2013 12:54 pm
Avenio wrote:LOSt TEJANOS wrote:ENTRY-LEVEL JOB.
By definition these fast food jobs aren't 'entry level'. 'Entry level' refers to jobs that are tailored for recent graduates into a certain discipline - the internships at a law firm or lab assistant positions of the world.
Fast food jobs are the opposite of that, since they pay the absolute minimum legally required of an employer and offer little to no routes for advancement. And, of course, that's the problem - people get stuck in these jobs because they can't make enough money to improve their economic conditions. Minimum wage is several orders of magnitude lower than the cost of living, so they are either relegated to poverty or to working obscene hours in order to try and make ends meet.
The idea with this is that by paying said workers a wage approximately equal to the cost of living, they'll have more money and energy to spend on improving their lot in life, which in turn helps social mobility, one of the primary drivers of prosperity in the Western world.
by Salandriagado » Fri Sep 06, 2013 1:11 pm
Iwanawin wrote:If you raise minimum wage all wage goes up and the money loses its value. You'll still have to get the second job because money is less value. It's called inflation.
by Greed and Death » Fri Sep 06, 2013 1:30 pm
Ontorisa wrote:They should move to Canada.
Minimum wage here is $10.00.
I would know.
I worked there all summer making 80 dollars a day.
by Greed and Death » Fri Sep 06, 2013 1:31 pm
Magna Libero wrote:The employers should have a riGhT tO sTrikE against their greedy employees...
by Atheistia and Fedoria » Fri Sep 06, 2013 1:34 pm
by Gauthier » Fri Sep 06, 2013 1:35 pm
by Enadail » Fri Sep 06, 2013 1:40 pm
LOSt TEJANOS wrote:Blasveck wrote:
.....No he didn't?
Nixon ended the Gold Standard.
And may I remind you that the two longest depression in American History happened while we were on the Gold Standard?
What do you call the gold surrender order? American pretended to be on the gold standard until 1974, under Nixon. Not the "pretended".
by Enadail » Fri Sep 06, 2013 1:41 pm
Gauthier wrote:Can someone explain the logic behind the claim that raising minimum wages to 10 or 15 dollars for fast food employees will somehow devalue the dollar or bankrupt a billion dollar industry?
by Wind in the Willows » Fri Sep 06, 2013 1:41 pm
by Wind in the Willows » Fri Sep 06, 2013 1:43 pm
Magna Libero wrote:The employers should have a riGhT tO sTrikE against their greedy employees...
by European Socialist Republic » Fri Sep 06, 2013 1:46 pm
by Gauthier » Fri Sep 06, 2013 1:47 pm
by Len Hyet » Fri Sep 06, 2013 1:49 pm
by Gauthier » Fri Sep 06, 2013 1:50 pm
Len Hyet wrote:I assume someone already posted the hilarious McDonalds budget?
by Enadail » Fri Sep 06, 2013 1:51 pm
Len Hyet wrote:I assume someone already posted the hilarious McDonalds budget?
by Len Hyet » Fri Sep 06, 2013 1:52 pm
by Bolguria » Fri Sep 06, 2013 1:53 pm
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