Quote:The idea behind raising the minimum wage is, that the more money people make, the more they will spend which will stimulate the economy...Take walmart for example...walmart here is basically the only place to shop other than local mom and pop shops...So when they pay their employees, they generally cash their checks right there and then do their shopping...If they had more money in their paycheck, they would spend more shopping...Or they would buy more gas to go to other nearby townships to target or other stores, or eat out more...The end result is supposed to be if americans make more money they will spend more and the economy will improve

 

I don't think that's "the idea behind raising the minimum wage."   That may be one of them, but that's not the only one.    I think the drive to raise the minimum wage is fueled by the idea that people can't make a living at $7.25 an hour or whatever the minimum wage is.   The idea is to help poor people.  

 

The question is, at what level of minimum wage do companies start laying off workers?   That's the ironic thing.   Sometimes, you try to help people, and you wind up hurting them. 

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