RE: This is What Pisses Me Off About The Democrats
May 1, 2014 at 4:47 pm
(This post was last modified: May 1, 2014 at 4:50 pm by Ryantology.)
(May 1, 2014 at 4:13 pm)Lek Wrote: We've had a minimum wage since 1938 and we still have poverty. Raising the minimum wage has done nothing to decrease poverty, because inflation continues to burn up the purchasing power of the minimum wage.
Because the minimum wage isn't tied to the rate of inflation, and definitely should be.
But, I do admit, that's definitely a novel justification: because a sub-poverty minimum wage doesn't work, we should just go back to allowing the sub-survival, or live in a mud shack, or not even real money wages common before the before the introduction minimum wage (and still done in the modern era by that paragon of corporate rapaciousness, Wal-Mart).