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Old 01-04-2007, 06:22 PM   #13
Aeroplane
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Quote:
Originally Posted by Nimrod's Son
Please explain to me how raising the minimum wage helps anyone. I would love to see a non-emotional and rational, economical, response.
well, from what i understand, higher wages means more money. which, if you're poor, that's good. and if you translate dollars from now and dollars in the past, minimum wage workers in the past were making more.

the argument that employers having to pay their workers more would cause them to downsize isn't that strong in that many already pay above minimum wage because right now it's so low it's almost immoral (yes, a subjective opinion inserted there). also, history shows that raising the minimum wage hasn't caused many employers to downsize.

also, inflation isn't really that big of a concern. more money equals more money to spend. the rate of inflation has way surpassed the minimum wage right now - raising it to the proposed amount is just catching up with where inflation has already gone.

 
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