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Re:Seattle’s minimum-wage increase made the most vulnerable ... by scarface74 on Tuesday June 27, 2017 @12:27PM (#14646829)
The answer is really simple -- get rid of the minimum wage entirely, let the free market determine how much someone should pay and increase the earned income tax credit amount and eligibility and make it easier for employers to distribute the credit with their employees paycheck. If that means slightly higher business taxes so be it. But, on the other hand, I'm a strong believer in "trickle up economics". If more poor people have money to spend it should help the economy.
Re:Seattle’s minimum-wage increase made the most vulnerable ... by manicdee on Tuesday June 27, 2017 @06:57PM (#14650324)
How does your solution give poor people more money?
Re:Seattle’s minimum-wage increase made the most vulnerable ... by scarface74 on Wednesday June 28, 2017 @10:00AM (#14654132)
It gives poor people more money by a) "increasing the earned income tax credit" - a direct benefit from the government. b) Lower minimum wage makes it cheaper to hire people than to automate. C) More money flowing through the economy increases demand. Where there is demand, people find a way to start business to increase supply.

You'll notice that's just the opposite of "supply side economics".