The Catching Up to 1968 Act of 2012

[David]

The Catching Up to 1968 Act of 2012

If passed, the min wage would be raised to $10/hr within 60 days and adjusted for inflation every year.

 

[The GMan]

The min wage does need to be increased in so it reflects current standerd of living. As of right now if you can only survive on min wage you would be very hard pressed to find a place to live, food for the week, pay bills, and money for travel to work. Some may say "make yourself better and find a better job" well thats all well and good but if everyone did that then who would work behind the counter at your local fast food place.

 

[myp]

This would not be good for unemployment. Bad idea.

 

[David]

This would not be good for unemployment. Bad idea.

Australia has an unemployment rate of 5.1% or so. They also have a min wage of $16/hr USD.

 

[myp]

Australia has an unemployment rate of 5.1% or so. They also have a min wage of $16/hr USD.

Correlation does not prove anything. In the case of Australia, you currently have a mining boom and relatively good retail numbers of late.

Look at empirical studies on the matter or those that analyze the data beyond just correlation.