09/12 - Getting money Tuesday

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Serial Mom

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If there was ONE batch you could pick to drop today, what would it be? Why? Would you like to share the panda? :)
 

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Title: This survey examines consumer preferences. | PANDA
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Requester: Liat HJ [A1Y2HCSARC9XXO] (Contact)
TO 1: [Pay: 4.13] [Fast: 4.00] [Comm: 3.67] [Fair: 5.00] [Reviews: 36] [ToS: 0]
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Not Available
Reward: $0.30
Duration: 10 minutes
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Description: This survey examines consumer preferences. This survey can only be taken once!
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Title: The impacts of brands on social media sites. (Workers who already completed my previous surveys are NOT ELIGIBLE) | PANDA
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GoldenTemple

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I'm not a politically inclined person (I don't follow politics and am not a party of any political party) but in my mind, if you increased minimum wage wouldn't the prices of everything increase like the cost of living, groceries, and so on, thus balancing everything out to close to where it was before the wage increase?

I know if I was a business owner and they jacked up minimum wage to $15 I'd cut how many workers that I have and would jack the prices up of everything to match the increase in minimum wage.
The minimum wage needs to be increased yearly because of inflation. Every year your wages purchasing power becomes less and less because the cost of living is already rising at a rapid rate due to inflation. The real problem in this country is to think of this countries wealth as a coin jar. Theres 100 people in the room that need access to the money in the coin jar to survive. 1 person walks up to the coin jar and takes 75% of the wealth out of the coin jar leaving only the remaining 99 people to fight over the 25% left in the jar. This is the major problem with our economy. Corporations that are generating huge profits, hoarding wealth, refusing to pay taxes. It creates these mega corporations that are so big, they are too big to fail which discourages small businesses and effectively creates a monopoly in a lot of sectors of our economy.
 

lobo925

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if you increased minimum wage wouldn't the prices of everything increase like the cost of living, groceries, and so on, thus balancing everything out to close to where it was before the wage increase?
Well when was the last time minimum wage was increased? Inflation is real
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I know min wage in Alabama has been 7.25 for years, at least since I was in high school (10 years ago) and even though it's cheap it still gets more expensive over time with no increase in pay.

edit: no increase in pay if you want to stick with minimum wage I mean. but idk havent had a real job in years
 

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bxpretzel

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The minimum wage needs to be increased yearly because of inflation. Every year your wages purchasing power becomes less and less because the cost of living is already rising at a rapid rate due to inflation. The real problem in this country is to think of this countries wealth as a coin jar. Theres 100 people in the room that need access to the money in the coin jar to survive. 1 person walks up to the coin jar and takes 75% of the wealth out of the coin jar leaving only the remaining 99 people to fight over the 25% left in the jar. This is the major problem with our economy. Corporations that are generating huge profits, hoarding wealth, refusing to pay taxes. It creates these mega corporations that are so big, they are too big to fail which discourages small businesses and effectively creates a monopoly in a lot of sectors of our economy.
and they've done a very good job of pitting working class people against each other and the middle class, so the outrage is misdirected to the wrong people
 

loki3404

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I'd probably say something about a macro vs micro argument but I feel like the politics thread might be a better place for that.
 
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