(April 14, 2014 at 10:58 am)Rampant.A.I. Wrote: Can you explain how increasing the minimum income of families results in "multiple generations of poverty"?
Raise the minimum wage to $1000 and hour if it has no impact. Chances are you get laid off. You end up poorer than before the increase.
It is simply silly to think that some peoples labor will not be priced out of the market by an increase in the minimum wage.