Were talking about a 40% raise.
This will either cause 1 in 2 workers to be let go to cover the costs, or it will cause you to pay a highly increased cost when going to grochery stores, and fast food places.
Which will cause shops to go bankrupt becuase people are spending less money becuase of the increased rate, putting more people out of work... it will also cause people making more money, to want more money... the people making $7.25 rnow will suddenly be minimum wage, nad will want more becuase they shouldn't be minimum wage employyes, others will find that there money isn't going as far anymore and will demand a raise... causing inflation all around. |