This is an interesting article by Dean Baker (see link at the very bottom) on the minimum wage; however, his conclusion is based on myth and not factual so in essence he is acknowledging what the minimum wage should be but claiming it can't be done because of some kind of "harm" it would do to the economy.
Typical crap coming from the well-heeled, Obama-supporting middle class crowd always making up excuses while pretending otherwise why workers aren't entitled to real living wages right here and now.
Dean Baker recently advocated we should bring in doctors from other countries to push the profits of doctors down. More muddle-headed middle class bullshit when what is needed is a National Public Health Care System putting doctors on the public payroll. All we need to do is go through the urban areas and Indian Reservations and tell the kids if they do good in school we provide them with free university and promise them $50,000.00 a year adjusted for inflation jobs as doctors and we will have all the doctors we need who will really care about the quality of care they provide to working people.
Dean Baker and the over-paid muddle-headed middle class crowd who are apologists for the Democrats can't think like this when it comes to health care or the minimum wage laws.
No worker, not ever, should be forced to work for less than the actually cost of living. This fallacy that we would face some kind of run-away-inflation is just that: a fallacy and a lie. Let the government control prices to prevent inflation. In fact, if the government was doing its job it would be rolling-back prices which are only high as a result of monopoly price-fixing with inflation being further caused because of government spending on militarism and wars--- obviously peace is the solution to this aspect of inflation.
Anyways, here is what Dean Baker has to say about the minimum wage which is all true except for his claim we can't raise the minimum wage to a real living wage right now; typical of how these Obama supporters muddle excuses with information containing "kernels of truth" which they then fabricate into big, fat lies as excuses justifying their reforms benefiting the working class being allotted piece-meal in incremental steps.
The minimum wage should be legislatively tied to all cost of living factors monitored by the United States Department of Labor's Bureau of Labor Statistics indexed for inflation and re-calculated quarterly with the release of this information. Very simple.
If business doesn't like this then let the government roll-back and freeze the prices and the Minimum Wage can be reduced significantly. Of course, we can help these tear-shedding employers out even more if people have free health care, free child care and pre-schools, free public education through university, etc.
And if we had peace with full employment we would never have to worry about inflation provided the monopoly price-fixers understood this was going to be a crime with stiff jail time.
http://www.nationofchange.org/minimum-wage-who-decided-workers-should-fall-behind-1361290219