If workers were paid a living wage there would be more taxpayers.

[jody]

73. You acknowledge a raise in cost of labor affects profits. I assume you understand that businesses

operating close to unprofitable might close so that employer and employees will become unemployed unless they can raise prices.

Do you want government to control price or will you allow prices to seek their natural level based upon the decisions made by consumers?

If prices are free to increase, a new state will be reached not too dissimilar from the pre-wage change state.

Absent price control and import tariffs, production of goods will seek lower labor costs that maximize profits as in China etc. or within the United States as with automotive plants leaving Michigan and California for states with right to work laws.

In any case, our presidents have access to the best brains on the planet and I'm sure they will recommend economic policies that will reduce our budget deficit and restore full employment -- won't they?