You Think Jobs Are Scarce Now, Raise the Minimum Wage and Watch What HappensEric Blair Unfortunately they have little understanding of economics. Forced minimum wages will destroy or offshore many more jobs in America. The left doesnt seem to understand that the state cant raise the standard of living for a populace through wage legislation. Additionally, raising the minimum wage doesnt address the root of the problem of why the standard of living is declining in the first place. Those who genuinely care about social justice look for someone to blame for the declining standard of living; greedy business men, illegal immigrants for driving down wages, politicians who oppose minimum wage laws and so on. None of these are the real enemy. As G. Edward Griffin wrote inThe Creature From Jekyll Island; The American people have no idea they are paying the bill. They know that someone is stealing their hubcaps, but they think it is the greedy businessman who raises prices or the selfish laborer who demands higher wages or the unworthy farmer who demands too much for his crop or the wealthy foreigner who bids up our prices. They do not realize that these groups also are victimized by a monetary system which is constantly being eroded in value by and through the Federal Reserve System. (pg. 33). However, the answer to social justice isnt raising wages through legislation, because that will in turn just raise the cost of living even more because businesses will have to pass those costs on to customers. Not because theyre greedy, but because they have to survive. For those who really want social justice, the solution is addressing a blood-sucking monetary system and restore sound money. Until then, all actions will be counterproductive to their good intentions. Heres a short video that clearly explains the consequences of raising the minimum wage in global economy: Read other articles by Eric Blair Here 