On raising the minimum wage

[SHRED]

Raising the minimum wage is a much more efficient way to stimulate the economy rather than giving billionaires a tax cut.

A minimum wage hike dollar will flow right back into the economy and circulate.
The billionaire tax cut buys back stock dividends and that's about all.

[RDANGELO]

1. Amen.

What the detractors miss about raising the minimum wage, is that added wealth to the workers stays in the United States and the communities instead of being invested over seas. It creates more consumer demand that creates growth. The detractors say that it will just create higher prices. Yes, that is true to some extent, but some employers already pay at or near the new minimum wage; people still have choices. especially in a competitive environment.