[quote name='Kayden']

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Silly me... who knew WORK was supposed to be easy...
You should really study economics before you start demanding minimum wage be increased. If you set an artificial floor thats above the equalibrium point of supply and demand, you will actually disuade companies from hiring AND actually increase the unemployment rate. Businesses don't have bottomless pockets. If they can only afford 5 people at 5.50, they'll only be able to afford 3 people at $8. So you may have increased minimum wage by about 1/3, but you also increased unemployment the same amount. This also wont do much to help the poor because companies will be much more selective since they have to pay so much more. Since -statistically- poor people aren't as educated, they'll be picked last.[/QUOTE]
So based on your numbers the unemployment rate will go from it's current rate of around 5% to 6.7%. Yeah, it's a bitter pill to swallow but I would imagine most of the working poor would take their chances for a shot a higher wage.
The minimum wage hasn't been raised in many years, it's way overdue. It would be a shame if some small businesses that eek out a small profit go under because of a higher federal wage but where is the justice in the current system with some of the working poor and their families living below the poverty line?
Regardless, the federal minimum wage won't be changing anytime soon. I don't see Congress with a republican majority even considering raising the minimum wage, no matter what deal the democrats offer in return. Even if a bill passed in Congress it would be by such a slim margin that chances are that we would also need a democratic president that wouldn't veto the bill outright. So for those who like the current system, no worries, it's bound to stay this way forthe forseeable future. Those working for minimum wage can maybe pick up a few extra part-time jobs in addition to their full time job if they would like to raise above the poverty line.
I've worked for minimum wage back in high school and can't imagine trying to raise a family on it. I'm a senior in college now so hopefully those days are behind me but I can empathize with those that do have to work for the minimum. Some people look down on those who are working in those positions but someone has to and I for one appreciate them. Arrogant attitudes about the poor make me sick. I know some of them work far harder than those who earn much, much more. Sure, you can argue that they should of went to school but you just don't know what all they had to deal with in life. Maybe it wasn't a possiblility.