General Discussion
In reply to the discussion: What is the Democratic Party solution to economic inequality? [View all]arely staircase
(12,482 posts)I said at least 12 because I think that is what it was when I was born in 1968. It is now 7 something and so that is a big big drop in income for working people. Minimum wage jobs aren't the jobbs of just teenagers making a little beer, car note money over the summer. And higher minimum wage pushes up salaries of other workers, giving them more disposable income and creating more demand for goods and creating jobs. In retrospect agreeing that 25 is the number was probably very wrong. 50 GRAND is 8 grand more than I make teaching school so yeah raising a burger flipper's pay to that much more than teachers make now would probably be a shock to the system of the economy. And Inam certainly not agreeing with the other poster's Marxist utopian bullshit.