SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SilentZ who wrote (206480)10/14/2004 11:00:09 AM
From: i-node  Read Replies (3) of 1574537
 
This really is a vast oversimplification, especially in the long run.

Just an example: a worker working 60 hours per week at $5.15 an hour makes $5,000 less than if he were making $7/hr. That For $5000/year, that worker could make his kid the first one in the family to go to college, in the long run ending the family's vicious cycle of poverty. And, improving our economy by putting a better-educated worker into it.


Bush has markedly increased the benefits for parents of college-aged students (or the students themselves). The Hope/Tuition credits are huge in this respect.

But I would argue that you are UNDER-simplifying the facts about minimum wage. There is a long history of minimum wage increases which tells us that people lose jobs every time the minimum wage is increased.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News