Quote:
Originally posted by Seaver
Minimum wage has not kept up to the inflation rate. Now you can say so increase it. Well the problem is increasing minimum wages doesnt just hurt small business, but it increases the price for every single item you can buy. So this in itself increases inflation.
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If we folllow this logic to it's end, than business should never be taxed and wages should never increase. History shows that both can happen without the economy collapsing or inflation skyrocketing. People seem to forget that an economy is nothing but a collection of human tendencies, not a natural phenomenon like a hurricane. We can change ourselves.