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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (498033)	7/24/2009 4:07:22 PM
From: bentway	of 1572612

Increasing the minimum wage, moron, results in increased spending that stimulates the economy, which feeds back on itself in a self-reinforcing loop. Minimum wage earners will spend EVERY CENT of an increase in wages. The POINT is that there is a sweet spot for wages, which we are DECADES behind reaching. They'll be some diminished hiring in poor, backward redneck red states like Arkansas, but the overall effect of raising the minimum wage will be profoundly POSITIVE. You're just spouting blind ideological crap. Straight from the (R) playbook, the same (R)'s that have kept the minimum wage below poverty wages for decades. "The business of America is business", right Dave?

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