I'd be happy to.
1) the funding for rises in minimum wage comes directly from the ultra rich, not the middle class. The middle class don't fund this, there's no loss on their side for funding their wages. It comes out of companies pockets.
2) If you give additional funds to the people who spend more than they make, they will... surprise, spend it. Putting money back into the hands of the businesses, spending stimulates the economy.
3) all the businesses that basically have additional revenue from the spike in spending can afford to pay employees more, and not all businesses just hire minimum wage employees, they higher middle class employees.
You're basically pumping some money from savings accounts back into the economy. I believe this will stimulate the middle class. The poor will just continue to spend it all away.
There's also a hidden benefit of some of the poor who are actually driven and somewhat intelligent (usually younger) having the new opportunity of being able to afford things like college, or afford not to work themselves out of energy and apply themselves, bringing a select small group out of poverty, into middle class and being contributors.
I think the counter arguments to raising the minimum wage are much weaker. Inflation is over exagurated due to paying a few, small % of the "spending poor" class a few dollars more per hour. Again, revenue increases because they are the spenders. They are a small percent of the population. There wouldn't be any significant inflation like the suggestion.
Trust me, I'm anti-left and anti PC and I'm a very business minded persn, I still truly think it should be raised.
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