So Obama wants to make 75 percent of working people minimum wagers.

So the democrats and Obama are floating the idea of 15 bucks an hour. Cleary this is aimed at the low information voter. All of sudden those that make higher than min wage would all be minimum wage workers. If you make between 8 and 15 bucks an hour all of sudden you are a minimum wage worker and your spending power goes way down.

This has to be aimed at the min wage worker. What about those that are retired that make 25k a year on their retirement? You have created a whole permanent poor class. Not to mention those that worked their rears off to get to 14 15 bucks and hour. People like me who just passed the 13 dollar an hour mark. It is not that much money. Believe me if not for my military retirement I don't know how I would survive.

He'll just trigger inflation, to purchase what now costs $7.25 will require 15 bucks.
The real victims will be those on fixed incomes that don't vary, and those that are tied to "official" inflation rates, that will no doubt be doctored to hide the true inflation rate more than they do now.