Comments by "kd1s" (@kd1s) on "Does a Higher Minimum Wage Reduce Jobs?" video.

@nly8nchz I'd love to see you expand that statement that higher wages would cause less employment. Unfortunately youtube won't let me do a long diatribe but I'll try. Higher wages would mean that the folks would spend more money at other merchants, which means they need more employees, which means the employees make money and spend it at other merchants. It is a multiplicative effect, logarthimic in some respects. But you wouldn't understand that you Reaganite.
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Higher minimum wage would mean more money in the market. More money in the market means more jobs, more jobs means more money added to the market. It makes perfect sense. Increase the minimum wage to $10 to $15 an hour.
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@nly8nchz Ummm.. the trickle down theory is from your boy Ronald Reagan. How's that worked out for us? Not very well. You're confusing the invisible hand of Adam Smith with trickle down too.
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