Meredith Vieira (ABC Host of "The View of the Clueless")
"Why does raising the minimum wage, this is one I don't get, actually hurt poor people? I don't understand that one at all."
**Economics 1o1:
- Increased wages = Increased production/service cost
- Increased production/service cost = Increased cost to the consumer
- Increased cost to the consumer = HURTING THE POOR AND MIDDLE CLASS!!
So, by raising minimum wage Liberals are doing nothing but hurting those they "supposedly" care about...........It's not rocket-science.**
**Economics 1o1:
- Increased wages = Increased production/service cost
- Increased production/service cost = Increased cost to the consumer
- Increased cost to the consumer = HURTING THE POOR AND MIDDLE CLASS!!
So, by raising minimum wage Liberals are doing nothing but hurting those they "supposedly" care about...........It's not rocket-science.**
posted by Poison Pero @ Thursday, May 25, 2006
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