InvestorsHub Logo
Followers 3
Posts 464
Boards Moderated 0
Alias Born 06/26/2004

Re: jumanji0881 post# 14045

Friday, 01/10/2014 2:42:47 PM

Friday, January 10, 2014 2:42:47 PM

Post# of 37921
Right, but eventually with less U.S. people working, who's going to buy their products...the Chinese making $1/hour?

It's funny because everywhere the dems and republicans are fighting over increasing the minimum wage to $15/hour. Dems say who can maintain a family/household on $8/hour? Republicans say minimum wage jobs are stepping stones and for college kids...that increasing the wage will hurt businesses. Well NO DUH!! They're both right and missing the bigger picture. Why are grown adults with families flocking to minimum wage jobs? McDonalds, Home Depot, etc. Because all the good jobs have been exported overseas. If the dems/repubs don't get their sht together and figure out how to legislate and incentivise real job growth in the U.S. jobs, salaries, and benefits, are going to continue to erode along withh consumer purchasing power.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.