[sgtbono2002]

I just love it when a man who has never hit a lick in all his life tells us what a days work is worth.

Raise the minimum wage and all you do is raise the amount that is called the Poverty level.

The same people will be earning the minimum wage , but that amount of money will buy less as the Companies raise prices to compensate. Why cant Fat Ted understand that?

[Coop]

Bump for later

[elli1]

Raise the minimum wage and all you do is raise the amount that is called the Poverty level.

Exactly, but that's not quite all you do. When you fuel inflation, as raising the minimum wage does, you are increasing the numbers of people at the poverty level. And, in addition, you are restraining the creation of new jobs along w/ probably actually decreasing job numbers. A burger emporium is going to look at trying to trim staff, for instance. And Granny, who is on a fixed income, is able to purchase less, so demand decreases.

[steve8714]

Minimum wage is welfare for slumlords and inner-city sweatshops. For anyone with a car, the actual minimum wage, "couch" minimum, is more like $7.00/hour. The bus riding labor pool is the greatest anchor on wage rates.

[dfwgator]

Raise the minimum wage and all you do is raise the amount that is called the Poverty level.

The dirty little secret is that many union wages are tied to the minimum wage. If the minimum wage increases, then the union wages will increase as well. It puts upward pressure on all hourly wages, even those that are not the minimum wage.