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

To: bentway who wrote (792403)	6/29/2014 2:02:12 AM
From: i-node	Read Replies (1) \| Respond to of 1578925

>> And has it ruined our economy yet? Well, trickle-downers, look at the data here: The two cities in the nation with the highest rate of job growth by small businesses are San Francisco and Seattle. Guess which cities have the highest minimum wage? San Francisco and Seattle. The fastest-growing big city in America? Seattle. Fifteen dollars isn’t a risky untried policy for us. It’s doubling down on the strategy that’s already allowing our city to kick your city’s ass." This is a pretty stupid comment, wherever it came from. Obviously, Seattle and SFO have robust economies where the minimum wage has little, if any, effect. The same can be said of areas of North Dakota, in which supply and demand have driven up the effective wage rates such that McDs employees are paid higher than probably anywhere in the US. These aren't the places which would be adversely affected by an increased minimum wage. But check out Memphis, TN, or St. Louis or anywhere in Mississippi or Eastern Arkansas or even Chicago. It is a different story. No one disputes the economies of Seattle and SFO are doing well. But it obviously isn't a result of a higher minimum wage. That's just dumb.