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Reply #13: I understand what you mean [View All]

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Broderick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-17-11 02:04 PM
Response to Reply #7
13. I understand what you mean
But, right now, many folks are underemployed - near 20 percent and close to 10 percent are unemployed. Just from the government stats, but Gallop claims it is much higher since the government doesn't count those who drop off the unemployment benefits role. Wages, have gone backwards, on average as reported last week quite a bit in the past few years, meanwhile the prices at the grocery store continue to rise. The last raise in the minimum wage did not bring up household wage averages. That double edge sword or raising things like minimum wage can directly affect the number of people employed, and certainly can contribute to the cause of market inflation. Nevertheless, I believe it starts with more people employed. That needs to be the first goal, before tackling wages. And what would your method be to raise wages? Force employers to pay more? Raise the minimum wage (the youth unemployment is staggering already). I don't know the solutions, so I can't say one way or another. But if you have to pay more to your employees (I am an employer), either the cost of goods rises or the number of people hired suffers. I am all ears to hear people's solutions. We lost our manufacturing base in this country. States can't afford the benefits, and we are now what? 14 trillion shooting for 16 trillion in debt federally. Sigh. I don't have the solutions or answer otherwise I would be running for office. In the interim I see the suffering first hand.
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