bernard66 Wrote:
Jul 12, 2012 8:24 PM
Finally Someone who can explain what these dimwitted politicians don't understand. What Mr. Jacoby states is only the tip of the iceberg. While the minimum is raised, commensurate pay raises across the board are not forthcoming. So the person making a little better wage, say $15/ hour has his purchasing power undercut when companies raise prices to pay the employees they can keep, the higher minimum wage.