GrandpaGreg Hyslop | Arkansas news, politics, opinion, restaurants, music, movies and art

GrandpaGreg Hyslop 
Member since Nov 3, 2014


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Re: “What about the Arkansas ballot issues?

Simple facts, $6.25/hr for 40hr/wk for 52wk = $13,000/yr minus deductions. At $7.50/hr it comes out to $15,600/yr minus deductions and is still a pitiful amount of money to try to live on. Even at $10.00/hr it is still only $20,800 before deducting taxes. That might be good for someone who is single, and still living under their parents roof, but sure isn't enough to try to raise a family with. Even at $12.50/hr it's only $26,000/yr, and wouldn't be sufficient to raise a single child in a two parent home without both parents working. Yes, employers having to pay more means they would also have to raise prices on products they sell.

But maybe, just maybe, if these employers weren't so busy trying to make sure their own pockets are overflowing with money, they could find it better in the long run for everyone. If they could cut back on their profits just a bit, and raise pay for employees, they might find it pays off in the long run. By having more money in an employees hand, they will have more that they are able to spend. This means more people going out buying items, and increasing the amount of items sold overall. This could actually end up increasing profits, by increasing the overall sales, and help everyone in the long run. To me it seems like just a little common sense would benefit everyone.

Greg Hyslop

28 likes, 7 dislikes
Posted by GrandpaGreg Hyslop on 11/03/2014 at 8:33 PM
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