Re: New minimum wage legislation
Date: November 30, 2014 03:29PM
I can remember a time when Minimum wage was $2.65 an hour, I was great to get a .10 cent and hour raise. I started my career in 1988 at $18,900, Today I make $66,000 after 26 years with the same Gov't Job, when I was making 18k Gas was .99 a gallon, Rent on a 1 BR Apt in Manassas was $525.00 a month, today Gas is lower but that wont last long, just look as it was $4.50 the past few years. Corporations are in it to make Profit, that's called Investors, If the product increases due to Labor Wage, the Retailer is going to increase it compensate for the higher cost. If the Retailer has to pay more, they are going to Increase it to cover the added cost, as stated earlier, no one is going to get ahead, and the only ones making anything out of it are the ones willing to work for less (Undocumented workers) or those who Own the Business (Self Employed) and we wonder why so much is Out Sourced to third world countries. China is a snap shot of how America was 50 - 100 years ago, they are now Demanding Higher Pay, Better Benefits, and stealing the technology to sell products to other countries. LG from what I remember reading was Buying the patents that expired from other companies Westinghouse, Phillips, Panasonic etc.. and now sell the products we have already had with the Brand name changed.