Reply to $25 min wage in DC

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Reply to "$25 min wage in DC"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sound economic policy, which this is not, is simply beyond the grasp of the average or below average person. [/quote]

Why don’t you explain it to us sweetheart? [/quote]

This will just drive prices up for everyone. If people at the very bottom now make a minimum of $25, then everyone else's wages will go up accordingly because everyone will say what about me. If everyone suddenly has a lot more money to spend, then prices for everything will also go up accordingly. A pint of beer will cost $25 and the dishwasher making $25 an hour will not be any better off. [/quote]

The idea is stupid. It's for people who don't know the first thing about economics. [/quote]

If we paid dishwashers a million dollars an hour they'd still be poor, because the prices of everyone else's labor, and all the things that everyone buys, would go up by the same amount. [/quote]

If dishwashers start making $25 an hour, this non-dishwasher is going to need a *giant* raise. [/quote]

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