On Tuesday, December 3, 2013 9:36:12 AM UTC-5, F. George McDuffee wrote:


This bourgeoisie B/S goes back to at least the gilded age*

of Hanna/McKinley and the robber barons when the workers at

last began to unionize and push back. The only thing missing

is blaming "outside agitators" for stirring up trouble among

the contented masses on the plantation.



It is highly dangerous delusion and rationalization, and an

insult to anyone who has studied history**.


I think your statement is an insult to anyone who has taken Economics in college. One of the basic tenants is that if you raise the price of something there is less demand for it. ie If you raise the cost of labor, there will be less demand for labor.

If raising the minimum wage to $15 / hour is good, why is raising it to $100 an hour bad? The answer is that the effects of raising the minimum wage are obvious if you raise it to $100 / hour.