Entry Submitted by Danlboon at 11:26 AM ET on October 5, 2023
Minimum wage was set up for employers to really compete with each other and not cause chaos when years ago like some were paying out maybe $2 per hour and others at $6 per hour for those same types of jobs, but started in 1938.
There is also the equal pay for equal work except for seniority gauging, and this also goes for non-discrimination at the same employer.
The reduction of minimum wage is to support the reduction of inflation as it allows our country to end up having the lower cost of items produced and more people buy them, as well as the cost of living lowers. I’m not worrying about it to be lowering, but support it to when the benefits are coming to America and the world.
This is where you buy more things at the store from China as they have the lower wages than Americans, thus no matter when you always go to purchase items with the lower prices you will find out they have the lower wages and many more people go there than the other places with the higher wages. 100 people show up to the fast food business paying $2 per hour while only 20 people show up where they pay $6 per hour as the business with the lower wages and costs gets a bigger profit for the day.
This is not to force 10 people to live at the same residence just because housing costs are too high and those owners can get away with that as they don’t want to reduce it. They too must go along with the flow or else they do not get the renters.
It is not good to have the lower wages go up to $25-$30 per hour in the next few years for the minimal jobs basically made for high schoolers or those under the age of 25 years just for them to survive. A fast food business makes only 5 hamburgers per hour and they have 5 employees receiving $30 per hour, so what should those hamburgers cost then to stay in business? You will not go there.
We need to lower all the wages and not have a pair of jeans cost $100 and an automobile cost $200,000 just believing high wages are the best for everyone. Yeah, the electric cars only cost $50,000, but they can only be made in China as they have the materials, thus, we purchase the materials from there and pay the tariffs and make them here in America with the higher wages and then they cost $100,000 each. Now do you support the American made or the Chinese made?
By the way, some peoples’ cell phones went off with beeps/chimes at the same time in a store my friend was in at about 1 PM PDT, and some were joking about becoming zombies as they knew about the FEMA EAS on the 4th. Yet a little bit later my friend had his phone on while driving and had some calls come in from important people, but it wasn’t shutting his phone off for the test to work. He did not answer while driving, but there were 4 that we heard ringing within 20 minutes. And later my laptop was working fine.
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2022 Dinar Chronicles