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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (206480)	10/14/2004 11:00:09 AM
From: i-node	Read Replies (3) \| Respond to of 1574679

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.