Serious question: How on earth could anyone oppose a policy that would effectively give low-skilled workers (workers who barely make enough money to feed themselves, let alone a family), higher wages? After all, we live in difficult economic times, and it doesn’t seem wholly unreasonable that individuals working in low-skilled jobs should be entitled to a minimum, universally agreed upon standard of living. And indeed, as you might expect, this isn’t by any means an unpopular idea: According to a recent Gallup poll, almost all the Democrats -- and precisely half the Republicans -- surveyed would vote “for” a proposal...
The fastest way for government to increase the unemployment rate is for government to raise the minimum wage. If this poll is true, it means 71% of the population is ignorant and grossly mis informed. Look what happened last time the minimum wage was increased. In may of 2007, the Democratic Congress raised the minimum wage by 40%. Immediately, unfavorable trends with BLS employment numbers replaced favorable trends that began with Tax Relief 2003. Immediately, in June 2007, unemployment rates began to skyrocket especially for unskilled workers. Democrats triggered the Great Recession by raising the minimum wage 40%. The overall average wage in the USA is now lower than was the case before May 2007.
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