My minimum wage thoughtposted by The Vidiot @ 12:10 PM Permalink Raising the mimimun wage is sort of a red herring. Sure, it sounds good. Give people more money and more money will be spent. BUT just how many of those getting the increase would no longer qualify for aid? In some areas, I'm sure they'd make "too much money to qualify" and where would that leave them?
Until someone credible does a cost/benefit analysis on how this would effect those at the lowest end of our economy, I'm not sure how I feel about it.
Then again, maybe I'm stupid.