Just watched the state of the union address & obama was saying the minimum wage would rise to $9 per hour Half the troops home by 2014 The cyber crime bill etc Didnt have much to say about debt unless i missed it ( i missed the first part ) Some incentives for business & manufacturers sounds like the push is on to bring manufacturing back to the US $9 an hour is still a bit low no wonder theres so much crime over there
Boost manufacturing and boost the min wage?? Sounds like FDR all over again and the only thing that saved his bacon was WW2. Boosting min wages just adds costs to producers forcing them to shed jobs or move factories OS.
$9 is quite a bit, prices in the US are very low, I don't know where this talk of inflation comes from. I go from Canada to do grocery shopping in the US, I get about 50% savings by buying across the border. If you live in a smaller town, $9/hour is more than enough.
nonsense! relatively speaking you have more buying power there at that rate than you do here at $20 or whatever the so-called min wage is here. more government = more money wasted = higher prices = welcome to Straliamate!!
yeh Canada is another socialist nanny state - almost as bad as Stralia! => high prices from useless government meddling
It prices low skilled people out of the market. [youtube]http://www.youtube.com/watch?v=b4Ubp7U9Dq4[/youtube]
Minimum wage laws are a good way to price young people out of employment, raising youth unemployment. Basic economics.
social decay, poor public education, no values being taught, God taken out of everywhere they can intimidate people into it, coupled with govt giveaway programs that teach them not to have to work, equals crime going up....not hard to figure why, unless you work for the govt, then the solution is to tax more...
yes America has sadly fallen - 100% thanks to the Fabian ("Liberal") socialist scum who have been running the show for decades now - instilling their socialist ideoloy into all facets of society like a cancer. I reckon America is heading for civil war - the socialist zombie scum vs the rest of society who are tired of being sucked dry by the parasites of society... Same in Europe - big sh1t coming... Stralia i reckon will just go on as though nothing is wrong - the zombies/parasites will simply consume the entire productive population here until there is nothing left - without even a fight. That's how apatthetic I believe Australians are.