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re: In 100 words or less how can raising the min. wage help the middle class?**
Posted on 1/30/14 at 1:48 pm to Zach
Posted on 1/30/14 at 1:48 pm to Zach
quote:
Increase in MW give Mary 500 bucks a year more to spend.
Not when inflation kicks in. Goods and services go up to account for increase. That $500 quickly turns into much less. Mary is right back where she started without realizing it. Now poor Joe in the middle class didn't get that increase has a loss of revenue to account for the increase Mary got.
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