Check this out:
http://news.yahoo.com/s/ap/20091013/...imum_wage_drop
For those of you that don't want to follow the link, it says that Colorado is lowering the minimum wage by $.03 per hour!!!
They're doing it because the cost of living has gone DOWN. Guess they're not buying the talk or the inflation coming down the road.
$.03...that's $60 per year, or $.24 in an 8 hour day.
Just who is this supposed to help? The employer? Yeah right... It probably cost them more to change the rate in government expenses than any savings anyone will realize.
Do they think the cost of living will continue to go down? Will they turn around and raise it when it starts rising again? Except for fuel costs, and my COG, I know I'm paying more for groceries, taxes (local and otherwise), and many other items than I was last year.
I don't get this...
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