Math skills are totally inadequate for politics
To the editor:
Second, there is a hue and cry to raise the minimum wage to $9.50 per hour in Minnesota. How did they arrive at that number? Is there empirical data to support that? Where are the studies to establish that detail the impact on business? Is that the elusive “living wage” number? If not, why not $15 per hour?
I wouldn’t mind paying $4 for a fast food hamburger if that would solve the painful low wage disparity. I of course would then expect a corresponding cost-of-living increase.
Third, another math problem I am having is if people are going to be lowering from full-time to part time to take advantage of the Affordable Care Act provisions, isn’t that going to severely decrease the tax revenue needed to support the financial provisions of the act? Would we have another tax increase to offset that? If not, how would it be paid?
Fourth, another math problem I have is with light rail. I can’t see it as self-sustaining, so how much will we, who do not have access to it, be required to pay out of our taxes, thereby reducing the money for road and bridge improvements?
I am so math deficient here. Even when I was doing my bachelor’s and master’s, we didn’t cover this, so could someone please enlighten me?