Psephos
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-20-09 02:13 PM
Response to Reply #28 |
137. Agreed - and we should offer them additional direct support |
|
Edited on Mon Jul-20-09 02:14 PM by Psephos
The minimum wage raise is highly inefficient, because although it does increase the cash in the pockets of those who have a job, it keeps many thousands of others unemployed who would have had a job.
The demographics of the low-wage labor force are highly heterogeneous. The majority of those working minimum wage are not trying to support a household on a single minimum wage income. Why not target those who *are* trying to support themselves or dependents with additional assistance? (They already get assistance, by the way - food stamps, medicaid, EITC, etc.). We could ramp that support up without adding to already-nightmarish unemployment.
Why use a two-by-four when you can use a scalpel? If we don't run this economy better, there are going to be serious problems on voting day. Serious.
|