http://www.cnn.com/2007/POLITICS/05/...ing/index.html

WTF. Seriously. What. The. Fuck.

Poor, misguided souls who think raising the minimum wage will actually help the poor. Suckers.

All it will do is cause a surge of inflation. And those already making more than minimum wage are going to get price of living adjustments upward, of couse, right? *Snicker*

You know why large businesses don't complain about minimum wage hikes? Because most people make far more than minimum wage. You raise the minimum wage of low-level service jobs by $3/hour and the cost of your core services and materials will inevitably go up by $3/hour/employee. So your pizza will cost more. Your food will cost more. Your movies will cost more. Everything will cost more.

Those making minimum wage will be exactly where they were before. But those already making more than minimum wage aren't going to get an unusually large raise. For the next several years the vast majority of workers will be behind the inflation curve.

If you're currently making more than minimum wage, any increase to federal minimum wage will effectively result in you receiving a pay cut.