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To: Jezebelle
The minimum wage has an effect not dissimalr to the VAT tax in the UK - highly inflationary.

Yes...... it's all about the unions, in my opinion. Every time the minimum wage goes up, the unions will be able to ask for a bigger raise. Very inflationary.

7,555 posted on 11/08/2006 3:36:53 AM PST by beyond the sea ( If it were ever going to happen, no drilling in Anwar now, kids. Congrats voters)
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To: beyond the sea

The unions wield a lot of power in this area, along with many other areas, including policy.

But the effect of mandatory minimum wage increases also extends to increases in the number of illegals wanting those jobs who are willing to work for the previous, lower rate, further undercutting many jobs Americans used to do especially in the building trades.

Some of you may have heard that Daniel Ortega is taking over Nicaragua again. Expect a big influx of illegal aliens from Nicaragua.


7,588 posted on 11/08/2006 4:00:50 AM PST by Jezebelle (Our tax dollars are paying the ACLU to sue the Christ out of us.)
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