I hate inflation som much! I live in New Orleans LA and in 2003 I remeber the price of gas was $1.18!!! Now it's over $4.00!! How in the hell does it raise nearly $3.00 in just five years? My dad said gas used to cost 65 cents when he was young:shock: Also if they riase minium wage how is that gonna help? #1) If they raise min wage the employers will not be able to afford that and layoffs and few hirings will begin to happen. And wouldn't the inflation rate go up to keep up with this wage increase?
The federal min wage limit for the US is now $5.85. But in 4 more days it will be raised to $6.55. Next year that same exact date 7/24/09 minium wage will be $7.25!!! These are good wages but I think this will do more harm than good.
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