Raising of the minimum wage reminds me of a company I worked for quite a few years ago. There were about 500 employees in this company located in a town of about 3,500. It is the main private employer in this town and the owner had a lot of pull with the city council also. Anyway, this company got a huge government contract spread out over about 4-5 years. They even shut the company down for a few hours to celebrate and announce this contract to all the employees. This big contract was announced over the local radio, newspapers, coffee shops, you name it. There wasn't really a big hourly wage increase, but it was more like profit sharing and the employees MIGHT get a small bone to chew on at Christmas. The problem was that nobody told that to the other businesses in town. Soon everybody was raising the rent that the employees were paying. Taxes went way up, as well as utilities. Most of the workers were having less spendable income. A few of them even tried to sue their landlords. (You can guess how far they got with that lawsuit) I'm just saying that, in this case, it was not a win for them at all unless you figure in the overtime that some of them had to now take. We'll see just how far the business owners will go and how many of them will shut down when they pay $15-$18/hour for unskilled help.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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