Monday, July 28, 2014
and that's a good thing. I was talking with a guy who lives in my apartment building and he was strongly opposed to any raise in the minimum wage because it would greatly increase the cost of living. His prime example was from 2008 when the price of gasoline broke $4/gallon but the increase in the Federal minimum wage occurred months after the increase in gasoline prices and in 2008 the increase in Arizona was only from 6.75 to 6.90. The real cause of the 2008 increase was speculation.
Posted by Steve J. at 2:23 PM