Ram moving back across the border?
Interesting.... https://www.google.com/amp/mobile.reuters.com/article/amp/idUSKBN14S0WL Good news no matter what for jobs and the economy IMO. Can't seem to get the link to work.
Forum Discussion
goducks10 wrote:Walaby wrote:
Minimum wage jobs were never intended to be a full time, able to live, off of job. Min wage jobs were supposed to be (and used to be) the jobs young people got to train them how to be productive and effective workers in the marketplace.
The shipping of manufacturing overseas, and the continual erosion of jobs and loss of jobs to other countries (and yes to automation as well), has made it such that the min wage jobs are no longer the entry level positions in the marketplace. When the states push min wage to $15, the net result will end up being less jobs. Businesses will be forced to look at ways to be more efficient and even more automated. The profit margins are very thin in the restaurant/food industry. There is no way a business can keep the same number of employees and pay them all a min of $15 and still remain profitable.
We have moved from a manufacturing/industrial nation to a nation of service providers. Not going to be sustainable. Hence my believe that we need to do everything we can, as a nation, to bring manufacturing jobs BACK to the US. Even if it upsets our current trade partners.
Mike
Wages will go up across the board if the minimum wage is increased. Everyone will have more money to spend to buy goods. Tax revenue will increase. More jobs will open up because with more money being spent more goods and services will be needed.
They go down if the minimum wage was lowered.
