Has this not occured to anyone else why the economy is out of wack right now?

Question

Because the idiot Democrats decided to vote to raise minimum wage? When ever minimum wage is raised the price of everything else goes up, and has to readjust the economy as a whole again. this is just the typical process of wages being raised. obviously the cost of gas is playing a large role, but the change in minimum wage has caused the economy to make a shakey change temporarily

Answer 1

You might be right.

But a raise in the minimum  wage is only a tiny part of the current price of gas.

Answer 2

The economy is out of whack for a number of reasons, one is big oil company's like Exxon/Mobil ripping off the public, and making big profits. This has caused everything to go sky high in what we buy. It's also greed. The minimum wage is a slap in the face for the poor people trying to make ends meet. The big blame is on the oil company's. I for one don't buy Exxon/Mobil gas for a long time, and I think people should boycott them first by not buying their gas. Hurt them in the pocket like they've done to the American people.

Answer 3

You are confusing pay rises with inflation.  The two are linked, but not the same thing.  The cost of oil is pushing up food prices, and as such here in the UK inflation has risen to what the government thinks is 3.3% (which btw is total rubbish its much higher).

This years pay award for civil servants is c**p, and BELOW inflation.  So in essence we have taken a pay cut.  Difficult times.

Answer 4

It may have. However, you can't control the American economy by changing minimum wage. Maybe its because our money is going over to IRAQ?!?!? What the h**l was wrong with Iraq in the first place, I mean before we went over and destroyed it. NOTHING!!!

Answer 5

well is no problem to those of us that still waste our minimum wage at the shopping mall.