INCREASING GUAM’S WAGES DOES NOT CAUSE INFLATION

Since June 2003 the price of goods has gone up even when wages stayed the same! This clearly shows wages earned by Guam’s workers has almost no effect on the cost of goods because majority of goods are made or produced off island. We need to raise our wages to keep up with inflation. When workers don’t have extra spending money they won’t buy a new car, won’t go to the movies or eat at restaurants and they won’t go shopping. If we raise wages, then workers will spend the extra money on local businesses. For every dollar spent in our economy, it will circulate 10 times! This is how economies work and we can make it happen. Bill 30-180 and 111 will lift Guam’s wages. Click here for more information