how can all prices raise and raise when incomes don't. How are we to survive.?
535604
That is called inflation.  Many countries have been throughout that and coming out of it is hard.  But we are still not at the worst level of it-depression.  So lets hope that our leaders do not let it slide to there.  Hang in there-for now if we reduce to only necessary needs and purchases we can still survive.  And those needs are a lot less then what typical americans had to live by.  I have been through depression back in my birth country-when a fruit yogurt was a luxury and we could get one only on payday as a reward for something.
631394
People will always follow the higher salary/ better working environment -condition.\n1stly you would choose a job that pays better, then you see the shitty working conditions and look for a job that doesn't pay so well but with better working conditions.\nThis is all a evil cycle and once you are satisfied with your working condition you don't make enough money so it begins again.
339660
work more often, earn more money.\nwork harder, advance in your field, earn more money.\ngo to school, attain a degree, earn more money.\n\nspend less, keep more money.\n\nvery simple.
272978
Generally the benefits fall to the taxing authorities. It's a political ploy to garner votes and appear concerned for the "working class". When wages go up, prices go up because demand goes up. Simple Econ 101.  The people who truely don't get it also believe in the lottery, publishers clearinghouse and government aid. They've never heard of Newton's third law. Their best comeback is "you're stupid"
1143855
You have to take your chances, like everyone who invest their money into ANY venture. If it works, you increase your worth, if not, then you're broke. Plain and simple.
408895
Sounds very complicated.  Probably an assumption that your costs and incomes will need to adjust for inflation and you need to determine what new prices you have to demand in order to maintain a profit.  The assumption, of course, would be how much inflation you could expect.  Feh.  Good luck on that.  Anyhow, sounds like a college homework problem...  Good luck on exams!
949932
Don't hold your breath. The only thing you can really counr on is higher taxes. Sorry.
477321
its a short term fix. it doesnt address the real problem of inflation. after min wage goes up all other prices go up from rent to cheeseburgers. costs of producing goes up causes costs of living goes up. for those who make just above min wage there is no pay raise just cost raise. the only ones this never effects are the wealthy. very bad idea. its exactly the same as when unions go on strike. the companies that employ them have to charge more to cover whatever the unions were demanding. this has a ripple effect driving prices of everything up eventually forcing the unions to strike again next year usually for the same things they were demanding last time. heres our show on money, listen to what dr griffin has to say http://www.philipdru.com/griffin_stream.html
1132068
Honestly? probably never again. World consumption far outpaces production (Thanks to China) coupled with production troubles (political and economic instability in producing countries) mean we will be paying higher prices. (Don't forget inflation too).
948005
None of my KIDS made minimum wage when they had summer jobs, so it will only affect us when prices go up because companies have to pay their workers more.\n\n**they made more than the MW
897073
If you look at countries like India, Brazil, Mexico. Wealth in the US is veru well distributed. People in some of those countries have to live with 50 dollars a month. In India they make as little as 63 dollars a year. Think about that.
97947
The only way to make more money is to increase the quantity or quality of what you produce.\n\nIn other words, INCOME depends on OUTCOME.\n\nWhatever it is that you currently do for your employer or client, do MORE of it. Or improve the quality of it.
419650
You have to look well at the oportunities in your city or area.\n\nFirst of all, everybody begins with a salary.\nThen when you try to make more and more money you can invest in your own money, or try to maintain or socialize friendships between people you can make a home business.\n\nInvesting in Real State is an excellent option and also investing in cars.\n\nMy option is that I like everybody else, know how to make money and try to maintain everything in control.
482916
well !\nnothing but work hard, know what your goals, save and invest wisely.\ntry different secteur of the economy and take calculated risks.good luck
969710
what good does the increase in min wage do?  the cost will be passed on to the consumers which puts the people back in min wage in the same boat.  I agree raises for govt is wrong but the whole Idea of min wage is outdated.  Simple economics shows this is a sick cycle that has to stop.
759484
I have one better.\n\nWhy do bills rise and salaries drop?  Wait until you're over 40 yrs old, and watch your wonderful income begin to take nose-dives, while your expenses continue to rise.\n\nAnd that's if your LUCKY.  The unlucky ones find themselves in the unemployement line and living back home with Mom & Dad.
688950
the short answer is inflation . when inflation is high the fed will raise the interest rate to combat and try to slow down inflation .