Re: Minimum Wage Led to Job Loss...Just as Predicted

If you want an example of gross mismanagement look no further than the
Iraq War and The US economy.

:-)

On May 3, 10:23=A0am, "CB" <C...@[EMAIL PROTECTED]
> wrote:
> "The_Carpathia" <writing...@[EMAIL PROTECTED]
> wrote in message
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> news:cf9b1633-f1fe-4320-bce3-1b0123b37937@[EMAIL PROTECTED]
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> > When the minimum wage was being increased, a whole host of people,
> > including myself, said that this would lead to unemployment, as
> > employers were faced with the same human resources budget to pay out
> > at a higher rate. =A0It was simple math, but a lot of liberals said
that=

> > it wouldn't happen. =A0They suggested that paying a higher minimum
wage
> > would not lead to less jobs (though they couldn't explain how that
> > would keep from happening).
>
> > Well, now, it's happening....
> >http://news.yahoo.com/s/ap/20080502/ap_on_bi_go_ec_fi/economy
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> > Faced with rising human resource cost and the same money, employers
> > (from private businesses to public school districts) ARE hiring less
> > people, and all of the newly unemployed can thank the Democrat
> > proposal to raise the minimum wage for their pink slip. =A0The irony
> > here (almost funny) is that the Democrats have made it really hard on
> > their next President (when they win the next election), being given a
> > tight job market, rising (and unaddressed) social security issues,
> > rising (and unaddressed) medicare issues, student loan interest rates,
> > and much more that they just kept pu****ng off to later.
>
> > Kenneth Clifton
>
> Libs have proved them selves to be poor judge of character, poor money
> managers and poor social engineers- Hide quoted text -
>
> - Show quoted text -