Posted 2:20 AM by Steve
Raising the minimum wage hurts the poorest Americans.

By mandating that business cannot determine what wages it will pay it's workers, the government of the United States of America has imposed an artificial cost upon consumers of American goods and services.

Business will increase the price of goods or services to compensate for the increased cost of doing business. This inevitably hurts the very people whom politicians think will benefit from minimum wage increases. Businesses that pay minimum wage operate in predominantly low income areas and thus the burden of the increased costs falls upon the poor.

If competition does not allow for Business to pass on increased costs, they may limit hours of workers who qualify for the increase or eliminate a certain number of the positions altogether. Thanks for getting me laid off Uncle Sam!

Now imagine you are a worker who started at a lower wage and has been given raises based on merit. Your hard work and years of service have paid off and your wage is at a level just above the new minimum wage. Suddenly, brand new workers, who have less experience and less job knowledge make nearly what you make. How is that fair?

Government should stay the hell out of the regulation business and allow the basic economic laws of supply and demand determine wages and prices.