What is truly pathetic is the idea of raising the minimum wage. How many people actually earn the minimum wage? Of those, how many are still in high school?Originally Posted by Beppo
If you think raising the minimum wage actually increases wages, you're in for a surprise. Raise the minimum wage to $6.25/hr and now the guy who makes $6.25 wants a raise cause why should he only get the minimum? And on it goes up the line.
And where does the money come from to pay these higher wages? Yup, the consumer pays it. So the guy who used to make $5.15/hr, now make $6.25/hr, but guess what? The prices have gone up and he is no better off.
NN


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