Re: how minimum wage keeps wages low.

Raising the minimum ALWAYS has a negative impact on employment.

Simple math - figure it out for yourself:

Say a business can afford to pay out $25.00 per hour for workers.

At $5.00 per hour that business can take on FIVE workers!

At $5.50 per hour it will be 25/5.5 or just 4.5 workers!

At $6.00 per hour it will be 25/6 or just 4 workers!

See how that works?  Simple!!

If the business has that $25 to pay out now at the $5 rate we have 5 
workers - simple!

If the minimum wage is raised to $6.00 then the business will have to let 
one of them go, therefore INCREASING unemployment!

What is so hard to understand in all this?


"TJW" <thowilson@[EMAIL PROTECTED]
> wrote in message 
news:1139602455.879714.257740@[EMAIL PROTECTED]
> Why does government sup****t minimum wage laws?  Right now the Governor
> of Michigan is going to sign bill raising the MW $0.50.  90% of
> economist will tell you that this will have an adverse effect of the
> employment situation in the state.
>