f3bf62ef   
   XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Jeanne Douglas"  wrote in message   
   news:hlwdjsd2-390E91.02335902032013@c-131-121-196-216.gonavy.usna.edu...   
   > In article ,   
   > Jason@nospam.com (Jason) wrote:   
   >   
   >> In article   
   >> ,   
   >> Jeanne   
   >> Douglas  wrote:   
   >>   
   >> > In article   
   >> > ,   
   >> >  Jason@nospam.com (Jason) wrote:   
   >> >   
   >> > > In article   
   >> > > ,   
   >> > > Jeanne   
   >> > > Douglas  wrote:   
   >> > >   
   >> > > > In article   
   >> > > > ,   
   >> > > >  Jason@nospam.com (Jason) wrote:   
   >> > > >   
   >> > > > > In article , "Scout"   
   >> > > > >  wrote:   
   >> > > > >   
   >> > > > >   
   >> > > > > > >>>> Sometimes.  But then when the wages go up so do the prices   
   >> > > > > > >>>> of   
   >> > > > > > >>>> the   
   >> > > > > > >>>> goods and services you wish to buy because they now cost   
   >> > > > > > >>>> more   
   >> > > > > > >>>> to   
   >> > > > > > >>>> produce.  Then your gain was only temporary.   
   >> > > > > > >>>>   
   >> > > > > > >>>> Raising minimum wage affects a lot more people than just   
   >> those at   
   >> > > > > > >>>> the   
   >> > > > > > >>>> very bottom.   
   >> > > > > > >>>>   
   >> > > > > > >>> That's why it's called a spiral. One thing affects the   
   >> > > > > > >>> other.   
   >> > > > > > >>   
   >> > > > > > >> Yep.   
   >> > > > > > >>   
   >> > > > > > > One difference is that higher wages create higher demand for   
   >> > > products and   
   >> > > > > > > service. Higher prices do not.   
   >> > > > > >   
   >> > > > > > And do you think higher wages can occur without higher prices   
   >> > > > > > in   
   >> > > > > > the   
   >> > > > > > products and services so as to pay for that higher wage?   
   >> > > > >   
   >> > > > > Good question--the answer is that we will have higher prices in   
   >> > > > > the   
   >> > > > > products and services so as to pay for that higher wage.   
   >> > > > >   
   >> > > > > I was employed by Long John Silver's Seafood Shoppe when the   
   >> minimum wage   
   >> > > > > was increased. The prices charged for every item on the menu were   
   >> > > > > raised   
   >> > > > > as a direct result of the increased minimum wage.   
   >> > > >   
   >> > > > So what?   
   >> > >   
   >> > > It harms the economy.   
   >> >   
   >> > It has NEVER harmed the economy every time it's been raised before, so   
   >> > why all of a sudden would it do so now?   
   >>   
   >> It causes prices to rise and the result is inflation.   
   >   
   > Deflection noted. Deflection rejected.   
   >   
   > Answer the question you were asked.   
      
   He did answer the question.   
      
   Yes, it huts the economy. It always has. The MOST that increasing minimum   
   wage does is give a temporary boost to entry level positions (at the expense   
   of those who worked to advance themselves) which is quickly swallowed up by   
   increased prices throughout the marketplace (ie inflation).   
      
      
   >> Have you ever taken economics 101 or a class call macroeconomics?   
   >> If so, you must have NOT paid any attention to what the professor was   
   >> saying.   
   >   
   > Says the idiot who obviously never even took grade school English.   
      
   So you never took Econ101 then?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)