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Federal Minimum Wage
BamBamBoogie
post Jan 17 2010, 05:41 PM
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Resolved: The federal minimum wage should be raised to $10.

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synatribe
post Mar 10 2010, 09:20 AM
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There is no point of giving more money if the US dollar is worth less in general. I'm from California but as far a business politics go, I lean more towards the Republican side. The issue isnt about raising minimum wages, it is about making the US dollar worth more. Right now China has US treasuries in reserves and are buying and selling these reserves to keep the US dollar high and the yuan lower therefore, the US is in a gridlock situation of not being able to compete in global trade and exports because of China. US business regulation is also becoming more ridiculous everyday. If the US took more of a laissez - faire approach, than we would have more exports and foreign direct investment. As far the apparel and manufacturing sector goes, the US is suffering, just shy of 10 years ago, the US was one if not the biggest exporter of apparel and foreign direct investment was booming, now China has a monopoly on this sector (hence why everyone's crap is made from China) the only real American based export store is American Apparel and that shows how retarded our government is. thats my 2cents.
 

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