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To: Dilbert56

Has anybody consered how much unemployment has rose since minimum wage hit $7.25 a hour?


25 posted on 12/08/2009 11:25:21 AM PST by Sybeck1 (Mmmm, Mmmm, Mmmm.......)
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To: Sybeck1
The graph shows a down trend in the Federal Deficit until Democrats took over Majorities in Congress January 2007, and bet Senator Obama voted for increasing deficit spending starting 2007;

Bush Deficit vs. Obama Deficit in Pictures

http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/

text describing the image
29 posted on 12/08/2009 11:28:49 AM PST by Son House (The Learning Curve for Democrats on Macroeconomics is getting Exponential)
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To: Sybeck1

You bet this is a big problem especially among our youth. The minimum wage increases do nothing for those that are already working for it. All that happens is that hours are cut so the workers never see a raise or they are laid off. Go to your local Kroger and see all the U-scan machines and two checkers working when there used to be six.

The dirty little secret about the minumum wage is that most union contracts are negotiated as pay is a percentage above the minimum wage. Minimum wage increases are essentially a pay off to the unions.


42 posted on 12/08/2009 11:45:20 AM PST by lone star annie
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