Another way of creating a raise for minimum wage workers without touching the wage itself is an economic policy that makes the dollar stronger in purchasing power. This not only positively effects minimum wage workers at their current wealth level but helps across the entire working class making their dollars go farther in purchasing power. By giving them a bump up in discretionary income, this economic stimulus, which many economists suggest is the best source of economic expansion and growth, tends to grow local economies leading to jobs and even more tax revenue. That is the real trickle down which few in power (both sides) want to talk about, instead opting for grand scale, centralized, top down approaches that the last 50 years or more has led to the great consolidation in wealth among the metaphoric 1% while the leaking boat known as the working class is sinking as wealth disappears upwards. The State with gun in hand acts as the Highwayman robbing the less fortunate and re-distributing the wealth to their handlers and masters.
But so far as I can see it, neither political party when in power wants to achieve these ends of a stronger dollar in purchasing power contrary to all the lip service given to areas of economics. A stronger dollar tends to have a kind of deflationary effect which is the opposite of what political power wants. Deflation only makes the debt problem that much worse (see why of 2007/2010 bank bailout and quantitative easing) which is why there is no political will in that direction. The bailout was the working class paying the piper while the wealth of the metaphorical 1% is saved and preserved once again. Thus why the original Tea Party and Occupy were on the same page and right.
Increasing the minimum wage "CAN" pressure both prices and wages across the board upward which bring in more tax revenue for the gov't thus acting as a debt bailout to a nightmare they created and lets them off the hook. Thus ONE MORE TIME the working class takes it on the chin and over the long run gets no where when all is said and done.
Regardless, the working class on all levels is going to get screwed!
As the great wordsmith H.L. Mencken once said:
"Every normal man must be tempted, at times, to spit upon his hands, hoist the black flag, and begin slitting throats."
When are we going to wake up and smell the coffee?
