XPost: alt.society.liberalism, alt.atheism, talk.politics.guns
From: me4guns@verizon.removeme.this2.nospam.net
"Jeanne Douglas" wrote in message
news:hlwdjsd2-430D7E.01161627022013@news.giganews.com...
> In article
> ,
> Jason@nospam.com (Jason) wrote:
>
>> In article , Jeanne
>> Douglas wrote:
>>
>> > In article
>> > ,
>> > Davej wrote:
>> >
>> > > On Feb 26, 5:49 am, Kurt Nicklas wrote:
>> > > > > > > > minimum
>> > > > wage by some paltry amt, Why not $100 per hour?>
>> > > >
>> > >
>> > > Most "liberals" are socially liberal but are at the same time fiscal
>> > > conservatives.
>> >
>> > The President put it best:
>> >
>> > Nobody who works hard 40 hours a week should live below the poverty
>> > line; therefore, the minimum wage should be high enough to achieve
>> > that.
>>
>> When I worked at Long John Silver's Seafood Shoppe, they raised the
>> minimum wage. The result was that the prices of all items on the menu
>> were
>> raised so that Long John Silver's could pay the higher wages.
>>
>> what is my point? It will cause inflation and a higher unemployment rate
>> since employers will not hire very many new employees or expand their
>> businesses.
>
> Except that decades of data PROVES that this particular right-wing
> talking point is nothing but a lie.
Actually, not really. Every increase in minimum wage was rapidly eliminated
by increased consumer prices.
After all, if minimum wage worked....then anyone that held a job would be
wealthy since the rate is well above the highest pay of 100 years ago.
Na, it's a shell game that produces a short term improvement followed by
adjustments in prices that swallow up any improvements made, and by doing so
drag down those that don't get the boost in their incomes resulting in a
reduction in the average standard of living.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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