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Paul_Warren said:

"Obama is also in support of things such as raising the minimum wage which the only thing that does is keep the poorest people making minimum wage at the same level do to inflation but makes everyone else poorer because we don't get a pay raise and the inflation still hurts us as well, it's pretty much a trick to try and get the U.S. as close to a Socialist country as possible."

Speaking as someone that can't even afford a car and sees other people driving Jaguars, I want that gap closed as soon as possible. Was it my fault that part of the reason I'm now poor was because my father a wealthy defense attorney decided to will all of his money to his third wife while I received nothing after his death yet my mother was married to him for over 30 years? I think not. Totally losing out on at least $500,000.00 that should have been yours by birthright and that you had been promised all your life by other relatives does have quite the effect on your psyche that others in the new social group that you find that circumstance has forced you to become a part of just can not relate to in any way. I gave up on their religion a long time ago after multiple lectures on the subject by college professors and my own father.

To be honest, sometimes Joe Dallesandro's character's comments regarding the wealthier classes in the Andy Warhol produced film Blood of Dracula does run through my head.

Wow, you've got some entitlement issues ...

Raising the minimum wage is not (necessarily) a bad policy in general to avoid exploitation, but it really does nothing to increase equality; in fact, raising the minimum wage too quickly or to too high of a level can often increase the the level of inequality.

For the most part, people who earn the minimum wage are generally young, uneducated and inexperienced people like highschool students; and the best ways for them to change this is for them to work to build experience or to go to school to gain education. By raising the minimum wage small and midsized businesses (which represent the majority of employers in any ecconomy) are far less likely to higher inexperienced employees because the value of their work does not justify the cost of their wages; as a result most countries with the highest minimum wages also have the highest unemployment rates for young people.

 

One solution to this problem is to start to reconsider what the purpose of secondary school is ... After all, if people are graduating from secondary school without the basic skills to earn a decent living maybe the school system is failing them. There is a lot of controversy surrounding the idea of streaming students in high-school, and allowing students who don't have an accademic future beyond high-school to get training in a trade but that is another discussion.