Bob- that's what I was always told: minimum wage equals BAD.
Then I started reading.
Here is where the quotes are from:
If you think about it: the American Boom started in the 1950's. The rich executives were taxed at an extremely high rate and the blue collar workers were making very good money.
Since we are a service industry country now, there is no competition since you can't outsource your day care to India.
Read the article. It makes as much sense as all the crazy tax codes we have now.