Ho hum. Sure is a welcome environment 'round here now.

Okay then. Since you kinda missed the whole economic principle that applies to raising the minimum wage which I implied, I'll just explain it.
Other than the obvious result of price inflation, raising the minimum wage will almost always result in higher unemployment rates. This is because a greater number of people are willing to work at the higher wage while a smaller numbers of jobs will be available at the higher wage. Companies can be more selective in those whom they employ thus the least skilled and least experienced will typically be excluded.
This is just textbook economics. What's even more scary is that the proportion between wage increase and unemployment isn't always necessarily equal.

I didn't miss any point. I countered his point. Then I gave my observation. It's what people do in discussions.

I've seen a few of your posts and their usually just sophistry coupled with a few casual gratuitous insults. Sounds like your ill-equipped for civilised discussion. Seriously though man, just try being more friendly.

edit; also, just felt like saying, raising taxes on big corps again just leads to greater unemployment rates as well. How high an employer is willing to bid for an employee is limited by the amount that will be added to the employer's revenue by hiring that worker or such workers. But an employee whose output adds $50,000 to the company's sales receipt is not worth $50,000 if social security taxes, unemployment taxes and whatever else taxes you want to raise are added. Ergo less jobs, ergo unemployment.

Other than that, raising taxes on big corps/businesses also actually prevents growth, innovation and actually provides incentives for them to move elsewhere, resulting in less money for the government and less jobs for the people.

As for the poverty note, the majority of people living in poverty in the US have adequate shelter, food, clothing and medical care and even a vehicle (source because you won't believe me *click*). The US judges its poverty relatively, by comparing it's richest with it's poorest. Those who say US poverty levels are 3rd world country standards disregard the realities of the situation.