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View Diary: Occupy Reading, Pennsylvania: "Get a Job!" (90 comments)

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  •  I read this in the NYT a while ago (1+ / 0-)
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    jvantin1

    The GOP constantly complains that raising the minimum wage reduces jobs...what the Times reporters found was, places with higher (like, liveable) minimum wages actually had better economies than places where the minimum was set to the federal low ($7.25).

    This should not be surprising.  Spread more money around, more people can afford more things (in my case, new shoes, which I cannot afford) and the boat rises for everyone on the lifting tide.

    Sink the boat, and the whole economy sinks with it.

    That last sentence is what the GOP is trying to do...and why we must fight them and their policies of "Kill the 99% so the 1% can get richer."

    What the GOP does NOT seem to realize is, when nobody can afford anything, the 1% will also get poorer...b/c nobody has any money to prop up their wealth.

    And THAT is the meme we must push, I think.  Christ knows, the GOP has never been moved by compassion.  Money is their only god.

    Over the past 30-odd years, the Democrats have moved to the right, and the Republicans have moved into a mental hospital. --Bill Maher

    by Youffraita on Tue Oct 18, 2011 at 04:22:29 PM PDT

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    •  Re (0+ / 0-)
      The GOP constantly complains that raising the minimum wage reduces jobs...what the Times reporters found was, places with higher (like, liveable) minimum wages actually had better economies than places where the minimum was set to the federal low ($7.25)

      Correlation is not causation, it could be that a good economy tends to raise prices in a given area and prompt calls for a higher minimum wage.

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Tue Oct 18, 2011 at 05:52:37 PM PDT

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      •  Wish I had the link for you. (0+ / 0-)

        In this case, it was not correlation, it was causation.

        You can search the NYT archives for it.

        Over the past 30-odd years, the Democrats have moved to the right, and the Republicans have moved into a mental hospital. --Bill Maher

        by Youffraita on Tue Oct 18, 2011 at 06:29:48 PM PDT

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