Quote:
Originally Posted by _Richard_
so you're saying lowering the minimum wage to nothing makes it more profitable for major businesses?
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Richard, do you go out of your way to put words in other people's mouths? lol
No, I'm saying EXACTLY what I typed:
It seems like common sense to me that if you raise the minimum wage, companies will raise prices to offset the new cost. Which means that you now make more money for minimum wage...BUT everything now costs more so it's all a wash.
The problem with that is: For us in the adult online industry we can't raise our prices. So we still bring in the same amount of money, but our money buys LESS because the price of everything has gone up.
I certainly can't raise the price of a paysite membership (especially with all the piracy going on). So over time as prices of goods and services go up in general, my actual spending power decreases.
And as I PLAINLY said: "maybe I'm wrong", but that sure does seem like common sense to me.
If you don't see it that way, then explain to me how I'm wrong. Are YOU saying that when companies have greater overhead that they won't raise prices...and that the new higher prices for goods and services won't offset the raise in minimum wage because now the dollar buys less than it did before?
It just makes common sense to me. But maybe you can tell me what I'm really saying instead of just reading what I'm actually saying and telling me where I'm going wrong in my line of thinking.