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El Blanco El Blanco is offline
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Join Date: Feb 2003
Location: New York, NY
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Old Oct 29th, 2005, 06:10 PM       
You also forgot to add in the raise in overhead for companies. This means they have to jack up their prices to maintain their profits. This leads to an increase in cost of living. Suddenly, that minimum wage increase doesn't look so significant.

I know very little about finance. I do know one thing: its never as simple as most amatuers make it to be.
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