Thursday, Jan. 18, 2007 | 7:07 a.m.
I found the column about the lack of changes when the minimum wage is raised very interesting. The column was written by Tom Blackburn of the Palm Beach Post newspaper and was published by the Las Vegas Sun on Tuesday.
I don't know if Blackburn's facts are true or not about higher minimums not affecting the economy, but I do know that the rate of inflation sure has skyrocketed since a minimum wage was instituted in 1938.
The bottom line when thinking about raising the minimum wage is always what the effect is going to be on everyone. That means not just the low-wage earner, but also the various other classes, including the retirees on fixed incomes.
Earning a larger salary is of no value (except, maybe, to pay more taxes) if the buying power remains the same or is reduced.
Jack Oliver, Las Vegas
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