THINK

[chemist1225]

Don't RAISE THE MIMIMUM WAGE! I mean honestly, if you are going to raise the minimum wage you must do it marginally, not a massive increase. Thats going to cause the economy to go haywire. Inflation will go crazy. Geez people think. Tax cuts are the best way to go. Everyone says Bush is dumb but he's been pushing for tax cuts for the last 2

Comments

[chemist1225]

well considering this is my lj i should put in my 2 cents. i have a group on facebook for this topic as well. but i have to agree with coolcats and anonymous up there because its true. raising minimum wage but such a vast amount is not the best thing to do. raising it marginally is the best thing to do because the economy will stay stable. by marginally i say raise it 25 cents or something similar to that. anything more is too much. all the reasons you shouldn't raise it by that much was stated above by coolcats and anonymous. raising the minimum wage by that much will only impact the economy negatively. just like tariffs on trade will impact the economy in a negative way. for example about 6 years ago, there was a 100 percent tariff placed on imported steel. what happened? steel prices skyrocketed and we pretty much fucked ourselves over. then we realized, hm... lets not do this anymore. an economist would have never done it in the first place. this is why we need a leader who also is aware of simple economic laws. it IS a social science after all.