Nah they don't care for economics and increasing gov income like that. If they did, they'd lower taxes except for tarrifs to below the laffer-curve peak (there's actually 2 'optimal' spots on the laffer curve as the common explanation is oversimplified, there's a more immediate optimal gov-income one, and a future orientated lower present-day rate which then generates increased future returns). But they don't do this. Why?
Because you're working under a false premise, the min wage workers aren't funding all that much when you consider what the cost of welfare and services to them is, and the dems don't care about increasing gov income from them all that much.
What they care about is being perceived as caring about the lower income workers and the unemployed, and to low iq dregs an increase in min wage looks like it does that, all while actually ensuring that many remain dependant on the government. Which increases their power. This is the point. Imagine being able to be seen doing good while making multitudes dependant on you. That's the play. It's about power and personal wealth, not gov income as such.
Nah they don't care for economics and increasing gov income like that. If they did, they'd lower taxes except for tarrifs to below the laffer-curve peak (there's actually 2 'optimal' spots on the laffer curve as the common explanation is oversimplified, there's a more immediate optimal gov-income one, and a future orientated lower present-day rate which then generates increased future returns). But they don't do this. Why?
Because you're working under a false premise, the min wage workers aren't funding all that much when you consider what the cost of welfare and services to them is, and the dems don't care about increasing gov income from them all that much.
What they care about is being perceived as caring about the lower income workers and the unemployed, and to low iq dregs an increase in min wage looks like it does that, all while actually ensuring that many remain dependant on the government. Which increases their power. This is the point. Imagine being able to be seen doing good while making multitudes dependant on you. That's the play. It's about power.
Nah they don't care for economics and increasing gov income like that. If they did, they'd lower taxes except for tarrifs to below the laffer-curve peak (there's actually 2 spots on the laffer curve, a more immediate optimal gov-income one, and a future orientated lower present-day rate which then generates increased future returns). But they don't do this. Why?
You're working under a false premise, the min wage workers aren't funding all that much when you consider what the cost of welfare and services is too, and the dems don't care about increasing gov income from them all that much.
What they care about is being perceived as caring about the lower income workers and the unemployed, and to low iq dregs an increase in min wage looks like it does that, all while actually ensuring that many remain dependant on the government. Which increases their power. This is the point. Imagine being able to be seen doing good while making multitudes dependant on you. That's the play.