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I enjoy the game but am not a fan of any side or person.
Only about 2% of the population earns the minimum wage. This is just a political pandering, and a sop to unions; people want jobs. We have tens of millions of unemployed, and forcing employers to give low skilled employees more money is not going to inspire them to run out and hire more people.
Pandering to the lucky few who already have jobs, is not going to help those desperately looking for work. In fact it will eat into the already tight budgets of some business owners and cause them to cut back on employee hours, or to layoff people.
The prudent thing to do is write legislation to lessen the tax and regulatory burden on the private sector so the economy can recover, but that won't happen for three more years at least. All Obama does is create confusion and chaos, forcing everyone to hunker down and wait out the storm.
Actually, it should be tied to Cost of Living and be adjusted accordingly.
That's the chicken or the egg.
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