The Catching Up to 1968 Act of 2012

David

Jul 2009

5,893

474

Port St. Lucie

• Jun 8, 2012

• #1

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.

 

T

The GMan

Jun 2012

36

0

• Jun 8, 2012

• #2

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

Jan 2009

5,841

50

• Jun 13, 2012

• #3

This would not be good for unemployment. Bad idea.

 

David

Jul 2009

5,893

474

Port St. Lucie

• Jun 13, 2012

• #4

myp said:

This would not be good for unemployment. Bad idea.

Click to expand...

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

 

myp

Jan 2009

5,841

50

• Jun 13, 2012

• #5

David said:

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

Click to expand...

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.