After looking over many of the comments (66 at the time this was written), there are other aspects to this that people do not take into account.
1. The expense of working. Yeah, I hear everyone talking about the business owner who is hiring me to do the work. Yeah, I understand that running at a loss is bad news, and may lead to me needing a job. But when I am saddled with keeping a vehicle running, with gas quickly approaching $4.00 again, $7.25 an hour just is not going to cut it.
2. In 2009, the minimal wage increased to its current level. I can certainly see prices for some goods increasing, in many places, but here is what I observed. The price of DVD's at most stores stayed the same. The boots that I buy yearly never changed prices, not so much as one red penny. Food prices increased, gas increased, parts to keep my vehicle running increased. This increase in price occurred almost 2 weeks before I was paid that increase.
3. That wage increase, the whole whopping $.25 an hour afforded me the ability to buy a Big Mac at McDonald's every two weeks, if I was a good little boy and saved up my change. Think about this, .25 cents an hour is only 10 bucks, per 40 hour week per head (10 people 100 bucks per 40 hour week). Oh wow we are breakin the bank here boys.
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Date: 18/3/12 06:33 (UTC)1. The expense of working. Yeah, I hear everyone talking about the business owner who is hiring me to do the work. Yeah, I understand that running at a loss is bad news, and may lead to me needing a job. But when I am saddled with keeping a vehicle running, with gas quickly approaching $4.00 again, $7.25 an hour just is not going to cut it.
2. In 2009, the minimal wage increased to its current level. I can certainly see prices for some goods increasing, in many places, but here is what I observed. The price of DVD's at most stores stayed the same. The boots that I buy yearly never changed prices, not so much as one red penny. Food prices increased, gas increased, parts to keep my vehicle running increased. This increase in price occurred almost 2 weeks before I was paid that increase.
3. That wage increase, the whole whopping $.25 an hour afforded me the ability to buy a Big Mac at McDonald's every two weeks, if I was a good little boy and saved up my change. Think about this, .25 cents an hour is only 10 bucks, per 40 hour week per head (10 people 100 bucks per 40 hour week). Oh wow we are breakin the bank here boys.