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Originally posted by AURaptor:
Wow, how generous of her. While overpayed politicians reap more and more of the peoples money, folks breaking into the work force can demand a few more pennies from their employers in the real world.

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Originally posted by SignyM:
I can think of several reasons why raising the minimum wage would be sound economics, so why do you say it's unfeasible? You've really piqued my curiosity, and as much as I would enjoy a rigorous discussion on economics, I never really seem to get one. Would you perhaps humor me?

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Originally posted by SignyM:
I can think of several reasons why raising the minimum wage would be sound economics, so why do you say it's unfeasible? You've really piqued my curiosity, and as much as I would enjoy a rigorous discussion on economics, I never really seem to get one. Would you perhaps humor me?

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Originally posted by citizen:
Because if you raised the minimum wage as often as Congressmen raised their own pay you'd soon find businesses going bust because they can't stay competitive paying $25 an hour...

Congress wouldn’t go for it anyway. I believe while they’ve been denying a raise to the American minimum wage is required they’ve been giving themselves huge cost of living rises. Obviously inflation and cost of living rises don't hit people on minimum wage as hard as it does those on $145,000 a year...

They seem to be living on a different planet, or they just don’t give a shit...

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Originally posted by Geezer:
Actually, it wouldn't be that different from now. Since 1992, congressional pay has gone up a bit over 20% and the minimum wage has gone up 17.5%.

I note that in the bill, she plans to increase minimum wage to $7.25 from the current $5.15 in two years, regardless of congressional raises. That's a 29% increase. So she doesn't expect the congressional raises, which work out to about 2.5% a year when they don't decline them(about half the time over the last 10 yrs.), to be a major factor.

"Keep the Shiny side up"

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Originally posted by Hero:
I note for the record that the biggest impediment to wages is not Congress's refusal to artificially inflate the minimum wage, but is instead illegal immigration. Illegals undercut wages in a number of key sectors and in doing so undemine wages across the board. They also provide much needed labor which, by artificially inflating supply decreases demand and thus the amount employers are willing to pay also decreases.

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Hillary is just using this issue to grandstand. I note she has no real solutions, just some symbolic fodder...

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Originally posted by Lancer:
well, with higher minimum wage means higher taxes will fallow. anyways off of that, minimum wage should be abolished! it would definatly make the econ run better.

if Hillary runs for Presidency i will vote almost any decent person running against her. Hillary would mean higher taxes for all, and would pretty much distory any sligh chance for fairtax with her socialism idea's.

Well, here I am

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