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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (739489)	9/15/2013 9:32:36 AM
From: combjelly	Respond to of 1574203

and certain people seethe with rage here at the thought of anybody getting anything more than they already have. Some people see it as a moral issue, strange as it may sound. I know my sister does. And she works as a cake decorator at Sam's making around $10/hr. Now in her case her hubby is a VP at a biotech company, so her pay isn't an issue... But her very strong opinion is that the minimum wage workers don't deserve to make what they earn now, much less make more. I am reminded of what happened in the wake of the Black Plague in England. It killed about a third of the population, with mortality weighted towards the lower classes. Suddenly there was a shortage of kitchen sluts and other menial workers and they could pick and choose where and for whom they worked. Wages tripled or more. The king decided that was just wrong, and decreed that menial workers could make no more than they did before the plague. The decree had to be tightened several times in the ensuing years because it didn't cure the shortage and people kept coming up with ways around the restrictions...

To: SilentZ who wrote (739489)	9/15/2013 10:47:47 AM
From: Road Walker	Read Replies (2) \| Respond to of 1574203

But the wealthy hate wage inflation, and certain people seethe with rage here at the thought of anybody getting anything more than they already have. The great thing about raising the minimum wage is that it cascades up. The person that was making, say, double the minimum will also get more money, because he will have so many equal paying opportunities. It really is the simple solution to income disparity, government "welfare" payments, and the budget deficit. Would probably suck for my dividend stocks though <g>.