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 - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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