Friday, November 8, 2013

$15 minimum wage thinking that you can live on this is incorrect in a capitalist economy. A $15 minimum wage only forces up all prices and keeps the wage earner out of reach of being able to live on the minimum wage. But not in a socialist economy like Obama wants. You see after he raises the minimum wage he starts putting price controls on all consumables thus creating what I call a socialist zone where profits are capped and incomes are increased artificially. Capitalism will then be officially dead in America. That's how it works America. - N.P.Contompasis

No comments: