Saturday, Jul 19, 2008

Business owners face a cost spike next week, when minimum wage rises to $6.55 per hour.

CNN: Businesses brace for minimum wage hike

With commodity, fuel and insurance costs hitting record highs, small-business owners are anxious about next week's federal minimum wage hike, which will require employers in 26 states and the District of Columbia to raise their base to at least $6.55.
****Crunch goes the USA***

Posted by mark @ 05:33 PM (232 views) Add Comment

2 Comments

1. plato said...

Technically You are not a slave because I pay you a penny for your work.

Saturday, July 19, 2008 10:08PM Report Comment
 

2. plato said...

We will be told : Of course commodities will have to cost more to pay for this,
So you will actually buy less with your bigger wages and forget about saving up for that house deposit or even your future.

Saturday, July 19, 2008 10:13PM Report Comment
 

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