Well with the Dem's getting control and many states voting minimum wage increase. It will not be long before the Fed's raise it. For sure before 08 elections.
Rep will not fight it because they realize most Americans have no idea the affect it has, and since most people think it would be good for them poor minimum wage people to make more money Washington will increase it. To save their butts come election time.
Just 2.5% of all hourly workers make the federal minimum, according to the U.S. Bureau of Labor Statistics
Sad thing is My workers that I pay $10.00 an hour will get no raise, but when they take their families to McDonalds for a value meal they will see a higher price at the drive thru window a week after the Federal rate increases.
But the up side is my 16 year old son will have more money to buy Cd's, Nike shoes and whatever else teens buy nowadays. He will have more money and it will be easier for him to buy McDonalds even if them poor family men can no longer. :roll:
Rep will not fight it because they realize most Americans have no idea the affect it has, and since most people think it would be good for them poor minimum wage people to make more money Washington will increase it. To save their butts come election time.
Just 2.5% of all hourly workers make the federal minimum, according to the U.S. Bureau of Labor Statistics
Sad thing is My workers that I pay $10.00 an hour will get no raise, but when they take their families to McDonalds for a value meal they will see a higher price at the drive thru window a week after the Federal rate increases.
But the up side is my 16 year old son will have more money to buy Cd's, Nike shoes and whatever else teens buy nowadays. He will have more money and it will be easier for him to buy McDonalds even if them poor family men can no longer. :roll: