I like the idea of having Congressional pay raises tied to the minimum wage increase, and I'd like to see a Constitutional Amendment for such, but not just for Congressional pay, but for all Congressional Benefits, because those people seem to have a way of finding loopholes.

I'll also point out that no matter what the gloom and doom, the sky is falling, this is the end of the World people put out every time the Federal Minimum Wage is raised, the World never seems to end because of a Federal Minimum Wage Increase, and things move along rather nicely, because when poor people have extra money, well, poor people spend it.

This helps the deficit right?

I had no idea this thread was dealing with the deficit.

Higher Taxes are a way to deal with the deficit, and the National Debt, much higher taxes.
I'd start a War Tax if I were in charge of such things, and I would charge people who fail to pay their owed tax in excess of 1 million dollars with Treason, and have them shot, because Taxes pay for the Military and for Military equipment, so not paying owed tax in time of War is giving aid to the enemy.
But the Federal Government never sees fit to place me in charge of such things.

Rasing the pay rate does not give them more emoney. It simply raises the rate of inflation. Which in turns lowers the value of the US Dollar.

I don't know, Clinton raised the minimum wage in 1996, the last time it was raised, and I didn't see much in the way of inflation.

Bush Sr. raised the minimum wage, well that’s not true, Bush Sr. vetoed it in 1989, but his Veto was overridden by the US Congress, and I didn't see much in the way of inflation then either.

You know what I'm told brings down the value of the United States Dollar? Being nearly 9 trillion dollars in debt brings down the value of the US Dollar.
'tis why the dollar is not doing so well, and the minimum wage has not been touched in many years.
As far as it going up so high, well what seems high for some people, the big jump is merely what happens when the minimum wage locks in for so many years, but, fear not, I believe the US Congress is going to give it over a year to phase in anyway.

Originally Posted by Gator

I don't know, Clinton raised the minimum wage in 1996, the last time it was raised, and I didn't see much in the way of inflation.

You don't remember it because it wasn't in the news like it should have been since Clinton liked to avoid it...

http://www.findarticles.com/p/articl...45/ai_13790988

It happend

The bottom line is this isn't really affecting that many peoples incomes but it will give an excuse for goods and services to go up and to top it all off the government gets some feel good PR...

Do a lil Google and you see some numbers.... like 4% inflation and a .8% inflation during the Clinton and current Bush administrations respectively...

http://www.cbc.ca/money/story/2005/0...on-050223.html .8% increase in core inflation the highest in 6 years...OMG no way during GW's term.....

Funny... Gas has gone way, way up, which has caused everything moved by Truck to go up, and yet there is no inflation to speak of..... hmmm.
One would think that since the Republicans ruled Congress that the bad news on Inflation would have been around for a while.

In my opinion, if CEOs can get huge pay raises then the people at the bottom can get a COLA, and if anyone does not like what the Government does, well Elections take place all the time in America, and if they cannot wait or do not like the outcome of the Election that much, well they can move away, to another Nation, and try their luck there.

Originally Posted by Gator

Funny... Gas has gone way, way up, which has caused everything moved by Truck to go up, and yet there is no inflation to speak of..... hmmm.
One would think that since the Republicans ruled Congress that the bad news on Inflation would have been around for a while.

In my opinion, if CEOs can get huge pay raises then the people at the bottom can get a COLA, and if anyone does not like what the Government does, well Elections take place all the time in America, and if they cannot wait or do not like the outcome of the Election that much, well they can move away, to another Nation, and try their luck there.

I dont think you understand the term inflation....

Also let us not forget that until 1996 for 40 years the dems held the majority....So who is to blame?????

Inflation has been bad post Clinton....

But yeah CEO's are way out of control and this has only happened more recently (late 90's) when they outpaced their workers considerably....

I believe I have a firm grasp of the definition of Inflation, and Republicans took control of the United States Congress in 1995, after the Election of 1994.

I also know I have a firm grasp of how the United States Government works... and how one can find a report or a set of numbers to prove or disprove just about anything under the sun.

This law is going to force several local business out of business, they were barely breaking even.