Posted on 02/13/2014 5:50:54 PM PST by Olog-hai
Increase in minimum wages will only enrich those governmental programs that take a big slice out of the inflated incomes.
But in the end, nobody wins. Barely employable utter ignoramuses will be overjoyed in the raising of the wage floor only briefly, until they find out that very quickly that the cost of living has adjusted itself to absorb their increase so that they are no better off.
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