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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Rose who wrote (5535)	12/14/2006 8:42:40 PM
From: TimF	Read Replies (1) \| Respond to of 10087

What jobs would go overseas because of a raise in the minimum wage? How much are you going to raise it. Raising it even a little will have an effect at the margin, but the effect will probably be small (and will probably not mainly be moving jobs overseas even if some of that good happen). Raising it a lot would have a much greater effect. Some jobs would go overseas, some jobs would go to a lower number of higher paid more productive workers, some jobs would be replaced with automation (which in a way is the same as going to a lower number of more productive workers, someone has to run and maintain the machines), some jobs would be lost as businesses shut down and total production is lowered.