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If Pelosi gets minimum wage legislation passed, how many black people will lose their jobs?



"According to a claim by the Mackinac Center for Public Policy[15], the passage of the first Federal mandated minimum wage in the United States in 1933 led to an estimated 500,000 blacks losing their jobs via replacement by higher skilled and more educated white laborers. Milton Friedman also makes this claim while calling the minimum wage one of the most "anti-negro laws" for its adverse affects on the African American community"

http://en.wikipedia.org/wiki/minimum_wag...

What about the other poor whites, hispanics, and others that will lose their jobs?

Is it not better to have more jobs for people that pay less than they desire than to have fewer people unemployed with a higher wage?

Wage floors cause unemployment, as any basic economics class will teach. Is raising the minimum wage simply a campaign tactic or do they (Pelosi and friends) actually think it's a good idea?

People of ALL races will lose jobs. Prices will rise, then they promised to raise minimum wage again. It will be a vicious circle of inflation!


Instead, why not install a national Cost Of Living Adjustment (COLA) or all?
Millions of people of all races will be hurt. I have no idea what the racial breakdown will be, not do I care. They are all human.
well the illegals will make more money so we are actually helping the minority. they deserve our money too right?.........wait their not the minority anymore. I get confused sometimes.
Most people don't realize what the raise actually does to our economy and the loss of jobs will be conveniently blamed on Bush and the republicans so they can solidify their voting base.
Color generates concern for weakness not strength. Equality is caused by those who care enough not to leave anyone behind. Education is the way we over come all weakness in mankind. If you are really concerned for loss to any human being follow with suggestions to over come the situation.
Hatred is not a Christian value.
I would advise you change your name to True Conservative Who Dislikes Bush's Big Spender Policies
Don't put the blame on pelosi for anything yet...

(by the way I think it's illuminating that Milton F used the term "anti-negro")

She cannot pass legislation without the president's signature. That's how laws are passed.
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