Wednesday, December 28, 2011

rising minimum wage

8 states are raising minimum wage. For some this is awesome news. Mainly, it is for the poor. However, this will reduce employment by small companies. Sadly, many are struggling now in our anemic economy. Basically, things are not going to change while we look for more tightening by execs. Expect things to slowly wax worse. Governments are trying austerity as a road to recovery. Actually, it look to me more like a road to ruin.

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