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Originally Posted by CaptainBubba
Itd be like someone arguing that disease was good for thinning out numbers, then someone arguing that dieases don't kill people because then WHY ISNT EVERYONE ALREADY DEAD??
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You made the argument that a minimum wage kills jobs (rather obnoxiously, i might add). If you're going to make a flippant comment like higher wages spells economic disaster, than I'm entitled to make an equally flippant comment. This simply is NOT the case. We have raised the minimum wage in the past, and we raised it during the Clinton administration, a time when the economy historically grew.
I tried being nice to, but you'd rather be a douche bag about it. That's fine, but aside from saying "ECON 101 guys!!" and calling me stupid, you've done nothing to prove your point. This isn't even a minimum wage increase relative to the standard of living. 12 other states have a higher minimum wage than the feds., and
some comparative research has shown that employment has actually increased in states that took this route. I think the factoid about educational attainment posted by Ziggy is interesting, but regardless, there is evidence of wage increases and job expansion in certain sectors.
I don't dispute anything Blanco has said (and I am with him on the "finance" comment). My point is that this wouldn't be a disaster, if anything, it would put a few more bucks in the wallets of Americans who could probably use it (and who
will spend it.
I don't buy the overhead argument, either. At least not in the era of big box stores and Walmart. Any price increases that
might occur as a result of a slight increase would re-adjust, if due to nothing else than consumer demands. Again, this isn't the 8.00/hour demanded by guys like Rep. Kucinich. This is miniscule.
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