More on Minimum Wage

I've read the previous posts concerning the minimum wage increase, but having been gone for a week and half I wanted to commend those who have a brain and understand what it does to the economy and unemployment. I'll give one quick example:

I was speaking to the president of a property management firm up here in the A-Town about this subject. He was quoting some operating expenses for a potential tenant and said, "What happens, T.C., is the minimum wage is increased, so the owner of that landscaping company passes that cost through to the landlord, and of course the landlord turns around and passes it through to to the tenant." He stopped there, but I got to thinking, which I'm sure Pat and Stephen have already thought: is the tenant just going to take that hit and keep hit prices for the service or retail he provides the same? No. They will pass it through to those of us who want to buy their product or service. That is the easiest way to look at a this minimum wage increase: an increase in the cost of goods and services we need.

Here is an interesting article. Apparently Ms. Speaker of the House, after preaching about the wage increase, was trying to exempt American Somoa (produce lots of tuna) because Starkist's (tuna people) headquarters are in her district.