DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The coming Minimum-wage increase

**Peterli** · 11-01-2007, 10:59 PM

Minimum wage increase creates buying power and buying power creates jobs. It has always worked as intended. There's nothing complicated about this.

As long as we're dealing with oversimplifications in a vacuum, do you have a problem with the GOP wanting to lower taxes across the board to "create buying power"? After all, if putting more dollars in people's hands creates jobs, what's the difference?

Could it be, perhaps, that "creating buying power" while simultaneously making things more expensive, is a net wash?

11-01-2007, 10:59 PM	#30
Peterli Join Date Oct 2005 Posts 458 Senior Member	Minimum wage increase creates buying power and buying power creates jobs. It has always worked as intended. There's nothing complicated about this. As long as we're dealing with oversimplifications in a vacuum, do you have a problem with the GOP wanting to lower taxes across the board to "create buying power"? After all, if putting more dollars in people's hands creates jobs, what's the difference? Could it be, perhaps, that "creating buying power" while simultaneously making things more expensive, is a net wash?
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