Dan1580 Wrote:
Feb 21, 2013 12:57 PM
The government HAS to raise the minimum wage. You see raising the minimum wage puts pressure on all salary to rise, and since the FICA taxes are a percentage of gross pay, and the government needs that revenue, they have to force an increase in wages to drive taxes. In addition the tactic is inflationary, which is critical to debt service, the only chance we have to pay off the debt is to inflate the currency to the point where we repay that debt for pennies on the dollar with highly inflated currency. All of the discussion around a living wage is a smokescreen for the actual agenda.