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Jul 28, 2015
7:11
:05
pm
Don't Muff It
Upping the min. wage isn't necessarily a bad idea as long as it is done LOCALLY.
The problem comes when the FEDERAL government raises the minimum wage for EVERYONE.
As Obamacare has painfully shown, LOCAL markets are DIFFERENT, and the SAME market floors/ceilings shouldn't apply to ALL cities and states.
This message has been modified
Originally posted on Jul 28, 2015 at 7:11:05pm
Message modified by Don't Muff It on Jul 28, 2015 at 7:11:46pm
Message modified by Don't Muff It on Jul 28, 2015 at 7:11:59pm
Message modified by Don't Muff It on Jul 28, 2015 at 7:12:43pm
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Don't Muff It
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Don't Muff It
Joined
Aug 14, 2001
Last login
Oct 18, 2016
Total posts
14,629 (6 FO)
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Messages
Author
Time
Turns out CBers are pretty smart
TNT
7/28/15 6:29pm
The increased income for lower income families will stimulate demand
AxelDC
7/28/15 6:44pm
So why not make the minimum wage $100 an hour and stimulate even more demand?
Busiturtle
7/28/15 6:54pm
The only economists who seem to have ever measured that are Krugman and Marx
Bob Vance
7/28/15 6:54pm
Maybe not immediately, but I would guess 2-3 years
Cheesy Gordita
7/28/15 7:00pm
False, there will be no boom at all. Not enough spending possible
Bob Vance
7/28/15 8:13pm
Actually we won't be in the "same" position. We will be in a position where
CDV
7/28/15 7:01pm
I'm stunned how expensive fast food has become
Busiturtle
7/28/15 7:01pm
Wages of higher income earners would increase
Cheesy Gordita
7/28/15 7:05pm
Not necessarily 1:1 up income ladder
Bob Vance
7/29/15 1:16pm
Upping the min. wage isn't necessarily a bad idea as long as it is done LOCALLY.
Don't Muff It
7/28/15 7:11pm
why go to college? Just vote socialist and get raises for free! Signed, Greece
Reasonable1
7/28/15 7:14pm
A huge increase in the minimum wage like this is a short term positive for the
delbert
7/28/15 8:12pm
^^ This ^^ I can't believe how short sighted some people are.
Reasonable1
7/28/15 8:57pm
Maybe TNT is naive enough to think that most of the folks in congress understand
TNT
7/28/15 9:00pm
It's populism. The socialists that drove Greece into financial ruin were popular
Reasonable1
7/28/15 9:08pm
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