arlos wrote:Oh yeah, there's NO small business operating in the state of Washington, none at all, right? Guess what, they have a higher minimum wage RIGHT NOW than the one that the demos are trying to get passed as a national wage. Oh yeah, it has obviously COMPLETELY crippled that state's economy, by your logic. Sorry to inform you, but Washington's economy is doing quite well.
Your argument is typical scaremongering, completely unsupported by fact.
-Arlos
Is the quality of life any better in Washington relative to other states for the lowest income workers? Do things at the grocery store cost the same as they do in states with lower wages? Is the employment rate better than other states? Do low income workers have more money in their savings than in other states? Is rent the same as in other states? If not, I'm confused as to what your point is.
I don't recall saying economies will be crippled, nor will there be catastrophe if the wages are raised - there have been raising minimum wages for a long time.
I'm saying it will accomplish
nothing for low wage workers, and the only people who will be on the losing end of the deal will be the little guy. Simply forcing businesses to artificially pay people more money isn't going to help the problem of poverty, it will just lower the value of the dollar.
PS: The government should stop printing an increasingly large supply of currency with no actual tangible backing (ie no gold standard) that it currently creates out of thin air. I'm willing to bet this is a huge reason why the minimum wage is worth less and less as time goes on - Paco who works at Taco Bell gets payed the same $6 an hour each year, but there is more and more money being printed, so his $6 is worth less and less. No one says anything about this either... Lets blame the evil corporations instead.