Where do you get this idea that the poverty level has not changed since 1996. Its risen by quite a lot, especially amoung single women and children.
larry On 11/4/05, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Dana wrote: > > My position is that since there is one, it might as well be realistic. > > > > To me you're making an ethical argument that attempts to justify the > government's manipulation of the labor market with economic theories. > > You may have noticed that Sen Kennedy's minimum wage amendment (Sen. > Amdt 2063) was defeated when Sen. Kit Bond (R-MO) called an unfunded > mandates point of order (i.e., the MW would impose costs on state and > local governments beyond a specific threshold). The vote was 47-51. > > The ironic part is Lee Scott, CEO of Wal-Mart, lobbied for the minimum > wage INCREASE! > > So which one of us is right? Here are a few facts: > > 1.) The minimum wage was last raised in 1996. > 2.) The number of people below the poverty line is roughly the same as > it was in 1996. > 3.) The population, however, has grown by millions. > > Result: the poverty rate is a full percentage point lower than in 1996 > even though the minimum wage hasn't changed with inflation. > > Translation: the facts do not support your economic theories. > > You're justification seems based on compassion. Well, let's say a > person is willing to take a $5.25/hr job but since your MW bill passed > a small business has had to eliminate a job to accommodate it. Now > that person is unemployed due to your manipulation of the labor > market. Who has compassion for him? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Dreamweaver with Homesite Plus from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=54 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:179786 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
