Comments by "Dan Adams" (@danadams6477) on "NowThis Impact" channel.

  1.  @bobbiejones  I’ve been poor. I was homeless as a teenager for about three months, living on my own. So, I’ve experienced that low point in life. I can certainly attest that indeed it is expensive to be poor. If a person is fortunate enough to be able to pay their essential bills on time, and or, if they are able to pay their credit card debt(s) then they are not charged with any let fees, costing them more out of pocket expenses. However, in many cases across America people aren’t able to pay their bill on the specified due date, thus causing them to receive a late fee, which adds to the amount owed, and causing the person to go further into debt, and causing increased costs further down the line for a reconnect fee. Also, many low income people can’t afford proper health care, which eventually leads to even more expenses in the future to address compounded health issues due to lack of affordability.
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  2. The stark reality is that even if minimum wage was raised from $7.25 per hour to $20 per hour you would still be struggling to make ends meet. The reason being is that once minimum wage is raised the cost associated with that goes up across the board, and even at a more detrimental financial impact. Because employers are forced to pay their employees more, companies and corporations must increase costs to the consumer to make up the difference. Thus, this not only gives employers a reason to inflate cost but it gives them an excuse to raise prices slightly more than necessary without anyone being the wiser because there is absolutely no government regulations or any accountability to hold these companies and corporations accountable for price gouging. It can also force smaller businesses to close because consumers aren’t willing to pay their exuberant prices. The answer is not in raising minimum wage but to either work at job that pays higher, such as a county, state, or federal job, or work two jobs. Idealistically, our state legislators need to hold businesses accountable for inflating costs on products by passing legislative measures and bills that prevent this from happening. Unfortunately, I don’t for see that happening anytime soon being that conservative lawmakers, who are currently in control of Congress are attached to the sphincter muscle of President Musk and the sycophantic expectations that he will somehow garner them wealth merely by affiliation.
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