Oh man...I can't even do this thread, it'll drive me insane! I live in Australia, little America I would sometimes refer to it as. Not in a good way either i'm afraid, as past (& current) conservative gov'ts here have sought to lower minimum wage, privatise our public assets and have succeeded in opening up the gap between lower, middle & upper class wages tremendously.
It's a sad day when local council jobs are slashed & work handed over to private bodies, who of course are owned & run by family/friends of the people that decided to privatise & award the contracts to them. So, jobs are cut, welfare payments increase & those unemployed are now jumping the back fences of their former employers stealing their tvs to put food on the table, or smack in their veins if they are unfortunate enough to go down that road. More strain on our taxes, judicial system - what comes next? Why, privatise the jails of course. Private entities need income, so what profit in a half empty jail? We're headed that way, it's a sick system I hate to say.
We put these vermin in power, they steal what is rightfully ours for themselves (hello Bush, Cheney) then blame the working class for not wanting to work for $4/hour to compete with the Chinese...even though they'll happily sign a free trade agreement guaranteeing more foreign goods will cross our borders. You have Mexican & central American illegal immigrant workers, we have Asian & Indian workers here on "457" work permit visas, being paid far below Aussie wages & doing so on gov't approved permits.
Yes, raising minimum wage puts pressure on businesses, but that money also goes straight back into the community.
A better solution is to raise the tax free threshold - do you have such a thing? We don't pay tax on the first $18,200 of our earnings, a big increase from the previous $6000. Everyone benefits, it doesn't hurt business, and the balance factor comes via way lowering the upper ceiling for high income earners tax, tax on luxury goods, some corporate tax etc. You have the worlds largest defence budget...by a very long way. Maybe defence &/or NASA could spare a few million bucks?