Jumping the min wage to $9 per hr would be inflation on steroids
“Jumping the min wage to $9 per hr would be inflation on steroids”
Absolutely correct. These idiots don’t understand that value and wealth is relative. If entry level non-skilled labor should go from $7.25 to $9.00 per hr, then current $9.00 jobs would shift proportionally to about $11.15 per hour. Then the progression continues on up the skill/knowledge chain. So, nothing actually changes. EXCEPT this; we now live, work and compete globally. Therefore, those jobs and tasks that can be outsourced off-shore will be. Causes more unemployment and increases the size of our welfare state - which is what Obama and the Dem’s want anyway.....