Textiles were all in the northeast.
Yeah - right next to the cottonfields they have up there. Lots of southern textile industry too. But that's beside the point - the location of the textile factories here in the US is irrelevant to the fact that the textile industry took a big hit from minimum wage when it was first imposed.
Not a sole was making minimum wage.
Sole, or soul? (Did they even have minimum wage?)
She worked there for forty years and never made minimum wage.
Either there was no minimum wage, or she worked piece rate, and she was really slow.
As wages increase people on the low end spend more.
That is assuming they have a job. The workers who lost their job when minimum wages were imposed spent less.
People on the high end spend less.
People with higher earnings don't base their spending levels on what the low end makes. I have no idea where you came up with that.
No, price is affected by demand. Wages do not affect prices.
It's also affected by the cost to produce an item - and wages are a cost of production. You would have to be an idiot not to see that wages affect prices.
I have an idea. Why don't you go start a business Acebird, and then pay everyone a million dollars an hour. Be a kind and considerate man. Show us how you can pay a million dollars an hour wages, without it affecting the price of whatever you produce. Share the wealth - don't be greedy.
The people at the high end just need to be less greedy if they are affected by the low end wages rising.
My brother is a skilled laborer. He has taken classes to get better educated, and has worked his way to higher pay by becoming better at his job. The last time they increased minimum wage, he made the comment that he had just gotten $1+ pay CUT. To him, it was a pay cut because his present pay was now $1+ closer to starting pay. The education and hard work he had invested to get a little extra money was for nothing, because others got the pay boost for free. Are you saying that my brother is greedy because he wanted rewarded for taking classes and working hard?
Minimum wage is controlled by government and we all know who controls government and why.
No we don't. Please explain who exactly controls government and why. I can't read your mind.
but I have never asked one to increase it either. That just seemed to happen.
Let me guess. All your life you have only worked entry level minimum wage jobs - and you got a pay raise every time minimum wage was increased? That would also explain why you don't feel merit is rewarded in workplaces - you got raises, even if they weren't merited?
Maybe what we really need is a MAXIMUM wage. How many times larger is the CEO pay now than the average workers pay?
CEO pay is a salary, and not a wage.
I have no problem with performance based pay, as long as the pay only comes from the company earnings. I do have a problem with taxpayers footing the bill.