Quote:
Originally Posted by TorpX
People may feel good, and it may be popular, but it will still lead to higher unemployment and a deteriorating economy.
Here in Illinois, the state has completely embraced that philosophy, and has a shrinking economy as a result. Some may get a pay raise. Others will lose their jobs, or find getting one in the first place is more difficult.
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I am not familiar with IL that much other than googling some brief info(other than it's a Democratic state and is in the condition most blue states are like CA etc) but I doubt one could honestly assign IL's economic woes to $8.25 an hour.That is $330 a week before taxes if(which between state and federal taxes, sure tax burden is quite hefty)if work 8 hours a day and typical 5 days per week.Between the high cost of living, taxes etc, just not much even with the raise.
Until we take the tax burden off, in addition to private sector paying a living wage for jobs it currently does not, then welfare state, the even expanding, intrusive, wealth consuming thing we conservatives despise, will continue to grow.