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A Minority View: Higher Minimum Wage

Ronald Reagan Fan Wrote: Feb 27, 2013 1:17 PM
Minimum wage laws have ALWAYS had thir origin in the racial hatred of their proponents. The black unemplyment rate is not high enough for the Democtrats. That is the only correct explanation for these laws.
glide Wrote: Feb 27, 2013 5:56 PM
You are absolutely right. The plantation owners (the democrats) have worked diligently for years to make sure they enslave blacks to vote for them. The black unemployment rate is the highest it has ever been, gleefully to the plantation owners. To turn a country to Communism you must start with a group of people who feel that are being discriminated against as the plantation owners have done with the blacks. Minimum wage is like dangling a carrot in front of horse but the horse is tied up. When the blacks and Hispanics finally wake up and get educated - goodby Comrades (democrats).

In his State of the Union address, President Barack Obama proposed raising the minimum wage from $7.25 an hour to $9 an hour. That would be almost a 25 percent increase. Let's look at the president's proposal, but before doing so, let's ask some other economic questions.

Are people responsive to changes in price? For example, if the price of cars rose by 25 percent, would people purchase as many cars? Supposing housing prices rose by 25 percent, what would happen to sales? Those are big-ticket items, but what about smaller-priced items? If a supermarket raised its prices by 25 percent,...