The Minimum Wage Destroys Jobs

I call bullshit.

Without wage increases, minimum rates included, there would be less money flowing in the economy. Without that money in the economy, the people who make minimum wages will be forced to look towards the government for help.
As more and more require gov't assistance, the tax rates would have to go up.
With higher tax rates comes less income margins ---> comes less net income ---> comes more companies losing customers ---> comes more companies cutting jobs (aka downsizing) ---> comes more Americans looking for assistance ---> comes more tax rate increases ---> etc.
The inflation is already there, without the minimum wage increasing as well we'll go into a recession and our economy will crumble.


I'd post a lot more but I don't have the time. Hopefully the above summed up what I want to say.

Jam it back in, in the dark.