[Superman]

Also, Ron threw in an observation that during recent increases in minimum wage, the predicted reduction in jobs did not materialize. Many of you are aware of my belief (observation, really) that some government things are counterintuitive, and I'm not surprized by Ron's report. Indeed, in the New Deal era we found that a dollar spent creating public works jobs not only reduced public assistance costs, but actually resulted in several dollars of sales volume in the economy, and that the taxes from those sales (and incomes) more than covered the initial outlays by the federal government that created the jobs (due to the multiplier effect).

There is almost no question that the same would be true of a hike in minimum wage now, to $15 per hour. that's at least a "living" wage, so public assistance costs would fall. Now, let's look at the cost of a burger, based on John's findings:

65 burger per hour, per Meat Inversion Technician. If their wage increased an additional ten dollars per hour and we amortize that over the 65 burgers, then each burger would need to cost another 15.38 cents. It is WAY more than possible (kinda impossible for it not to) that the employer will MAKE money doing this (assuming all other employers must also pay a living wage to their workers) by selling plenty enough burgers to offset this 15.38 cents. In other words (and many of you who do not understand the power of government, or who choose to cover your ears will not understand), this action might LOWER the cost of the burger while increasing both revenue and profits to the employer, increase revenue to the government, decrease welfare costs and give millions of workers some needed dignity.