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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (785860)5/21/2014 7:41:38 PM
From: i-node1 Recommendation

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FJB

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>> A higher min wage might get more people to work service jobs and quit welfare.

But we already know that CBO has projected an increased minimum wage to the level the President was asking for would result in 500K or more jobs lost, on a net basis.

Of course welfare creates an incentive not to work. But that is overcome, by a wide margin, by the incentive created by minimum wages for employers not to hire.

It is a stupid thing that punishes the poor and keeps them enslaved to the government. There is no more anti-labor regulation in existence than the minimum wage.
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