Ignoramus24359 wrote:
On 2013-12-22, wrote:
On Saturday, December 21, 2013 5:01:57 PM UTC-5, First-Post wrote:
Most of you have no clue as to what being actually honestly poor is.
Perhaps not, however unlike most of the people who actually are
"honestly poor", we have more education and understand economics. A
higher minimum wage has *zero* effect on the number of available low end
jobs. The only thing a higher minimum wage does is trigger inflation to
rebalance the economy thus the people working those low end jobs have
exactly the same purchasing power to hours worked ratio they did before
the minimum wage was increased.