Re: Effects of raising minimum wages in USA

On Thu, 22 Jun 2006 12:37:57 +0200, Nospam <nospam@xxxxxxxxxxx> wrote:

Michał Gancarski wrote:

Yes, there are. Minim wage is an important factor among less educated and
less paid workers. For expample I do not think anybody would propose that
minimu wage influences unemployment level of well-paid specialists and
freelancers.

It does. Better wage means more spending into economy.
More demand create better jobs.

I expect than within a year after rising minimum wage, most of the wages
bigger than minimum will actually get a boost along with earnings of small
business owners.

I guess minimum wage should be about 1000$/hr then. What a boost to the economy that would be!

--
Michał Gancarski
"If there's not drama and negativity in my life, all my songs will be really wack and boring or something." Eminem
.