Unemployment Rate (user search)
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  Unemployment Rate (search mode)
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Poll
Question: How high do you expect the official unemployment rate will go?
#1
10%		  
#2
11%		  
#3
12%		  
#4
13%		  
#5
14%		  
#6
15%		  
Show Pie Chart
Partisan results
Total Voters: 37

Author Topic: Unemployment Rate  (Read 8952 times)
memphis
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Posts: 15,959
« on: July 13, 2009, 01:41:59 PM »
Quote from: StatesRights on July 13, 2009, 01:37:31 PM
Quote from: opebo on July 13, 2009, 12:23:33 PM
Quote from: Gustaf on July 13, 2009, 09:12:00 AM
Quote from: opebo on July 13, 2009, 04:59:00 AM
haha, the minimum wage boogeyman again!

Do you think companies just sit back and lose money and nothing happens?

If you think McDonalds and WalMart are going to lose money by paying $7 something instead of $5 something I would say you're being a bit unrealistic, Gustaf.

x 100,000 or more.
Those particular franchises will likely see their sales increase as well as they extensively serve the minimum wage crowd. The smoothie place probably not so much.
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memphis
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Posts: 15,959
« Reply #1 on: July 13, 2009, 03:48:18 PM »
Quote from: StatesRights on July 13, 2009, 01:42:53 PM
Yeah, lets give them more money so they can waste it faster.
I believe the fancy term is boosting consumer spending.
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