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View Diary: Raising the minimum wage: The right thing to do, and a winning issue, too. (135 comments)

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  •  you mean (0+ / 0-)

    Where you advocated the minimum wage be 60k-100k a year? In other words above the median income everywhere in the world.  And you wonder why people didn't take your suggestion seriously?  It's like when people say we can't raise the marginal tax rates on the rich by 5% because if the top tax rate was 99% no one would want to work.  It's a nonsequitor.  It doesn't take a rocket scientist to figure out that a relative change in policy won't have the same effect depending on the starting state.  The EITC limit for a family of 4 filing jointly is $46,044.  2 full time workers working 4000 hours a year would put the minimum wage at about $11.50.  Any thing less amounts to corporate welfare and we should be framing the debate in those terms.

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