[Steve_Seattle]

"So, are you suggesting an increase in the minimum wage?"

Probably wouldn't be a bad idea; it's been frozen for a long time. I can afford to pay an extra 25 cents for a Big Mac meal. I have never bought in to the argument that minimum wage laws destroy jobs. I speak as someone who once had a job that paid 50 cents an hour (no, I'm not 120 years old).

[mojojockey]

I lived in Seattle for a short period of time. There are a lot of people in that region that advocate a rise in minimum wage.

[Right_in_Virginia]

Ok, I don't disagree that it may be time to revisit the minimum wage.

But, what would you propose it be?

[ThinkDifferent]

I have never bought in to the argument that minimum wage laws destroy jobs.

Do you not buy into the law of supply and demand either? What would happen if we made the minimum wage $20/hour?

[John O]

"So, are you suggesting an increase in the minimum wage?"

Probably wouldn't be a bad idea;

Since the minimum wage has no real economic reason for existing I move that we either eliminate it entirely or raise it to $100 per hour. After all, we're just picking numbers out of the air anyway we may as well pick a good one.

That means that anyone now making between minimum wage and $100/hour will now be making minimum wage because why should the employers give everyone a raise based on the minimum wage increase.

Of course after the raise all the prices will be raised and these people will find themselves in exactly the same economic state they are in now. (joined of course by us who make between minimum and $100/hour) Then they'll start moaning for another minimum wage increase after which prices will raise again etc.

Eventually the increasing minimum wage will swallow all productive employees and we'll all be living at poverty level.

Just like any other tax the minimum wage steals from us all