Reducing the federal minimum wage also reduces the purchasing power of the median wage.

Reduction of the federal minimum wage, (i.e. the FMW) would induce creation of additional jobs. The additional jobs tasks did not justify the current FMWs purchasing power. Some people effectively deemed unemployable at current the current FMW rate could be employable at a reduced FMW rates purchasing power.

The numbers of additional jobs created due to the reduction of the FMWs purchasing power is positively related to the extent of the FMWs purchasing power reduction. When the U.S. Congress fails to keep the FMW in pace with the reduced purchasing power of inflated U.S. dollars, such increase of the lower paid jobs actually occur. The effect of FMWs reduced purchasing power ripples throughout our labor markets.

[The FMW is less a contributor and more a victim of the U.S. dollars inflation. The FMW inversely and proportionally affects ALL USA wages and salaries; wage rates of lesser paying job proportionally benefit more, and higher paying job rates proportionally benefit less due to the FMW; but USAs median wage an all other wages and salary schedules benefit due to the FMW].

FMW reduction would to some extent reduce prices but at the cost of reducing the actual net purchasing powers of wages and salaries. Eliminating the FMW replaces a legally specific minimum bench mark with an uncertain and lesser bench mark that would be the most extreme possible reduction of the minimum s purchasing power during whatever national economic conditions exists at any given date.

Reduction of the FMWs purchasing power will not decrease but rather increase needs for public assistance. It will drive the working poor deeper into poverty and they will be joined by many that are now our middle income earners dependent upon wages and salaries. This is not conducive to improving an economy.

Im an advocate of annually cost of living adjusted FMW in the same manner as we now update Social Security retirement benefits.

Respectfully, Supposn