Quote:
Originally Posted by Chris Fowler
You raise minimum wage, you devalue the dollar, prices for basics go up, the poverty line goes up, a bunch of people get to feel better because they're "making more", but they're just as poor as they were before. But the left feels better because they "tried to help"...it's completely artificial. It does nothing to help and hurts in the long run.
And then you want to devalue the dollar more? You want double digit inflation? Wow...you really do feel for the guy making minimum wage...  |
You know what else it does I never hear anyone talking about?
It raises taxes on business by increasing their payroll tax. A little here a little there makes a buttload of cash.