To: Gilbo_3; Kaslin
RE :”
ssdd...Id like to hear someone like Dr Williams also talk about the inverse relationship, where everyone who makes above minium wage is getting an effective pay cut...
when it goes from 7.25 to 9.00 overnight, what happens to the workers who were makin 7.50-10.00 the day before ???
they just got screwed didnt they ???” Let me play as Krugman for fun: (without the beard)
“ No gilb, it raises all salaries because the greedy employers have to give everyone else a raise also to keep up. And it doesnt cause inflation because of competition so those greedy rich guys just make less $$$ and we hate them anyway for laying us off to save $$$$. Minimum wage is a civil right, the 14th amendment outlawed slavery. Its Black history month dude”
7 posted on
02/27/2013 10:55:31 AM PST by
sickoflibs
(Losing to Dems and Obama is not a principle! Its just losing.)
To: sickoflibs
No gilb, it raises all salaries because the greedy employers have to give everyone else a raise also to keep up. And it doesnt cause inflation because of competition so those greedy rich guys just make less $$$ and we hate them anyway for laying us off to save $$$$. Minimum wage is a civil right, the 14th amendment outlawed slavery. Its Black history month dude sickdude chanels krugman and nails it !!!
dont grow the beard, lest somebody attempts to shave it off with a guillotine in the near future...
10 posted on
02/27/2013 12:24:48 PM PST by
Gilbo_3
(Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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