re: In 100 words or less how can raising the min. wage help the middle class?**

quote:

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If an increase in minimum wage gives Mary $500 extra, then $500 is missing somewhere else in the economy.

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500 is being spent instead of where its more likely to be sitting in someone savings.

and spare me the BS line: "but the business owner will have it to invest in his business or buy a porshe..."

Bottom line is the top 1% save. The other 99% spend.

So the spenders spend, and the savers save profits from the spenders spending, and thats how wealth continues to accumulate to the top 1% and we end up with the massive wealth gap that exists which is a legit threat to the economy.

Yeah im sure ive oversimplified a very complex equation, but i find it disturbing that 1% own 99% of the worlds wealth, and the trend is only worsening.

BTW - im not pro-government handouts and giving shite to people who contribute nothing to society. But I would like to see a more reasonable cost and standard of living for hard working Americans.

did i go over 100 words?

frick.