Is raising minimum wage nationwide a horrible idea?

[Ail]

phaedruss said:

Mystro-Sama said:
Doesn't this just cause inflation proportionally.

Yes, among other things. At the very least, minimum wage supporters should acknowledge that each state has a different economy and a nationwide minimum wage would not work in every state.

Not really.

You're assuming wages are the main cost in the production of the final product.

That is not the case in most sector of the economy ( especially not in those that pay minimum wages).

Some sector will be more affected than others, but if you look at retail like Wall Mart, wages is actually not their main cost..