I'm not mad about fast food workers making 15 dollars an hour as much as it would greatly upset me that groceries, gas & everything else going up 2-3 times what it is now. People don't stop & think that they are not making more money when everything else goes up & swallows all that extra money, it's a no brainer if people would just think about it before getting too excited. JMO though.

by Anonymous 9 years ago

That's one way to look at it, but the trend I'm seeing is that when the lower or middle class make more, there's more outrage and when the upper class make more, people say they earned it or they don't even notice

by Anonymous 9 years ago

that's because they are taking money out of the upper class' pocket, it hits them where it hurts, their wallet or profit margin, LOL! I"m lower class & that's how I look at it, it's not going to help them as much as they think it will.

by Anonymous 9 years ago

Jobs like McDonalds are starter jobs, unless you want to move up in the company. Anyone working with food should have to wear hair nets and protective gloves. People need to learn a trade or start their own businesses to earn more.

by Anonymous 9 years ago

Sometimes jobs like McDonald's are the ONLY jobs. Anyone who works should receive a decent wage. It's not Bangladesh.

by Anonymous 9 years ago

http://s9.postimg.org/os6y5n8pq/mcdonalds_logo.jpg

by Anonymous 9 years ago

http://s11.postimg.org/se0ct90v7/learntoearn.png

by Anonymous 9 years ago

Usually it's the people who hire who get to set the price. If they think a job is worth $600,000 then they'll pay it. If they think it's worth $15 an hour, they'll pay that. Then other people can de die if they wNt those jobs.

by Anonymous 9 years ago

You just basically summarized the concept of the "free market". The economics of supply and demand will eventually determine the fairest prices for labor and products Just for an amusing related anecdote, I worked a part time job while I was going to college for my first degree at the University of Michigan and they paid me the minimum wage: $1.40 an hour.

by Anonymous 9 years ago

Well, that's the way the world works. :) lol That's a very minimum minimum wage. :) lol

by Anonymous 9 years ago

"The economics of supply and demand will eventually determine the fairest prices for labor and products" That's true in concept only because it has 3 impossible conditions. It can only occur under perfect liberty with well educated consumers making rational choices. The results of free market economics in the real world can be seen in places like Haiti and that's exactly the direction we're going after 35 years of Reaganomics.

by Anonymous 9 years ago

That is true, but only to a point. Consider CEOs. Their compensation is set by their companies' Board of Directors. Many of these boards are composed of current and former CEOs at other companies. So, it's not like their salaries are determined by a free and open market.

by Anonymous 9 years ago

Actually, that particular example is its own kind of "mini" open market. The CEO compensations are competitive within their own particular industries or type of companies so that they attract the best talent for their particular companies' type of business.

by Anonymous 9 years ago

I'm not sure that I understand the point that you are trying to make, fuzala, but besides that, how do you know what a 100k job is? If someone gets paid 600k, then the payer thinks that job is worth that or he wouldn't pay that much for it.

by Anonymous 9 years ago

I think 15 dollars is reasonable, but I agree with people getting mad about stupid things like that

by Anonymous 9 years ago