Just in case any of you are voting Hillary for a higher minimum wage..
 

From:
https://fee.org/articles/the-eugenic...-minimum-wage/

http://i.imgur.com/PqKHcIZ.png

Some very notable excerpts from this article:

http://i.imgur.com/7OJxt9R.png

http://i.imgur.com/m0GLtjx.png


So there you have it, the minimum wage was meant to keep minorities down, and boy did it ever.

In 1912 it was a different world for jobs.

The minimum wage is irrelevant if there are no jobs to be had or 100s are competing for the same job paying minimum wage.

This looks good.

https://aneconomicsense.files.wordpr...011-levels.png

Until you realise it's not you getting the benefits.

http://1.bp.blogspot.com/-KvuF2gO_2J...-1947-2010.png

This makes you poorer than you think and your children will be even poorer.

http://inflationdata.com/Inflation/i..._inflation.jpg

^- Economics is economics regardless of the time in history. Basic principles such as supply and demand and the effects of wage floors, all still apply regardless of the point in history that we're talking about.

If you're concerned about a lack of jobs as you seem, then one such way to create a ton more jobs is by getting rid of the minimum wage. It's one of the primary factors that leads to job loss.

Those rules are out of date. They were right in 1950.

Today if the supply is filed by people in the Third World, what workers wages drives demand?

Look at Third World millionaires and billionaires for the answer.

Minimum wage here in Aus works out around 17 USD a hour, unemployment is around 6% ( keep in mind we have a full benefits system unemployed get like 200 a week min )

Most American fast food chains operate here, and given the number of stores they open, I'd believe they're all quiet profitable.

What does a Big Mac cost in the Australian market?

$3.50-$4.00 USD, 5 bucks aus

no matter who wins get ready for some massive inflation

https://www.statista.com/statistics/...for-a-big-mac/

interesting stats -- comments?

Be an interesting comparison if someone has the time, Compare the MacDonald's burger index to min wage in each country.