Manufacturing returning to the US

[BigStar]

I think I disagree pretty strongly with everything there...but no politics.

My bad...got my juices flowing. You're correct though, apologize for socio-policital direction.

 

[RastaRocket]

I agree with most of this, but not the last sentence. Lower the cost of living.

If household income increases, so will the cost of living. If it decreases, so will the cost of living. Wouldn't cost of living be dependent on income in the long run?

 

[CashMan]

If household income increases, so will the cost of living. If it decreases, so will the cost of living. Wouldn't cost of living be dependent on income in the long run?

Things like gas, and health insurance, would be a nice start(please don't turn this political). How do you expect someone making minimum wage to pay $3-4 a gal?

 

[dropdeadfred5]

minimum wage is not supposed to be a living wage- not meant for people to live on it. It is merely an arbitrary number below which you are supposedly not allowed to pay someone working a job.

It is a fallacy that it was ever meant to be something that you lived on. Anyone thinking that is a fool. It was for part timers looking to get extra money; for teens starting out in the workforce; seniors looking for some extra cash; etc. Nothing more. And trying to make it so just causes other problems and mainly inflation.

 

[CashMan]

minimum wage is not supposed to be a living wage- not meant for people to live on it. It is merely an arbitrary number below which you are supposedly not allowed to pay someone working a job.

It is a fallacy that it was ever meant to be something that you lived on. Anyone thinking that is a fool. It was for part timers looking to get extra money; for teens starting out in the workforce; seniors looking for some extra cash; etc. Nothing more. And trying to make it so just causes other problems and mainly inflation.

I understand this, but speaking about people I employ, for them school is not an option, for reasons such as, cost too much, have a family to raise, or would not do well in school. Also, as a business owner, I pay more than minimum wage.

Let's just say you are paying someone around $14 an hour, which would be roughly $30,000 a year. Still, gas being $3-4 a gallon is ridiculous. Someone having to put in $40-$60 a week in gas, adds up quickly. So is the cost of many other things. Food for example, to eat clean, is ridiculously expensive. I do not think, raising the minimum wage is going to solve anything, but I think if other things were scaled back a little, like things that people use on a regular bases would help.