In response to:

The Minimum Wage Mirage

WMassconservative Wrote: Apr 12, 2012 1:25 PM
More about the point of raising people out of poverty. If the minimum wage goes up so does the cost of living. If the cost of living rises then so would the poverty level. So I would like the National whatever explain to me how people would rise above a poverty level that would eventually have to rise do to increased labor costs. Remember where are a lot of these jobs? Supermarkets. So all these nice folks that got their raise would now be spending more money on food, as would the rest of us who didn't get a raise, that seems like good economics to me.
Unemployment remains high; job growth is sluggish; and millions of Americans have given up hope of ever finding work. So how do creative legislators propose to generate new hiring? Easy: Make it more expensive.

That's right. In Congress and several states, some lawmakers want to increase the legally mandated minimum wage. They think employers should have to pay more for labor. They say it should be illegal to hire people who are willing to work cheap.

This amounts to a stubborn defiance of simple reality. A recession puts strong downward pressure on wages and salaries. A slow recovery has the same effect, only...