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Old 08-22-2013, 04:30 PM   #43
Arkie
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Join Date: Oct 2003
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Quote:
Originally Posted by Bacchus View Post
40% of all workers today make less than what people made in 1960.
That means ALL minimum wage workers fall in the other 60% because all minimum wage workers make more now than what minimum wage workers made in 1960. This just proves the point that raising the minimum wage lowers average pay for the more experienced employees. It also increases unemployment and underemployment.

Quote:
Originally Posted by Bacchus View Post
Raise the minimum wage to $10.50 an hour and you would start to see that change.
How did you arrive at that figure? That's ridiculously high. It's $4 higher than average and $2 higher than the all-time high. You would see unemployment and average pay change for the worse.

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