Talk of The Villages Florida - View Single Post - The stock market is off the rails
Thread: The stock market is off the rails
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Old 09-03-2020, 09:54 AM
oldtimes oldtimes is offline
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Originally Posted by Stu from NYC View Post
Very true. Most of the successful people in our country did not start off that way. They went to school graduated made good financial decisions and worked hard.

Expect to have a minimum wage job all your life and you are well along the way to meet your expectations
The problem is never that simple. There are many college grads who are making minimum wage right now. Due to the pandemic there are also far more people with no income at all right now through no fault of their own. However, raising the minimum wage is also going to raise prices and eliminate jobs and cause more businesses to fail. It is a very complex problem. Also paying someone 15.00 an hour in NYC is a lot different than paying someone 15.00 an hour in Mississippi. I am not in favor of one size fits all solutions.