You sit on a throne of lies!
You're presupposing that minimum wage should equal living wage. I don't think you're entitled to do that. Argue it.
Originally Posted by finfansince72
When you put price floors in place, you eliminate the jobs that aren't worth paying the higher wage for. Before you go suggesting that those jobs don't exist, I have seen with my own eyes businesses that hire on people and pay them a very low wage essentially just out of pity. Turning around and telling those people they have to pay a much higher rate will lead to those jobs going away in many cases.
I'm not opposed to an increase in the minimum wage, but I am skeptical of it to say the least.
On a different note, it will really irk me if they slash student loan interest rates and do nothing for those of us who have consolidated at higher rates. That's okay, though -- I know what you have to do in order to re-consolidate, and I'm already in planning on what my next degree will be.