Palin and Obama have different experience, but Obama's isn't necessarily better. Palin as a governor has executive experience, while Obama has congressional experience.
Hint: The White House is executive,
But that also means in terms of federal issues, Obama is more versed, as senators vote on federal issues. Governors stick to their state. The last two presidents both came from the governor's office to the white house. It's not a strange thing at all.
Another thing to take into account, Obama is a FRESHMAN senator. He's nowhere near as knowledgable as Biden or McCain. To make matters worse, he's spent most of his time as senator running for president. Which means the only thing he hasn't been focused on learning the issues as much as perfecting his trademark, inspiration speeches that give ZERO information about his actual views or politics, except that he wants 'change' and that McCain and Bush are the same person.
Now Biden on the other hand is well versed, he just twists facts or outright lies.
As for the minimum wage. The law of unintended consequences.
See: Government Meddling and how it fucks things up.
Rent control. Biofuel subsidies. The Streisand effect.
The liberal mentality is at its heart noble but in my opinion overly intuitive. I believe in a deep, systematic analysis of action and consequence as opposed to a "common sense" approach of using direct action to try and achieve intended results. The most important thing to consider is there are systems setup in their own balance and flow. When you go in and try and change it, they will rebalance themself somehow. The question being, is the resulting condition better than the original?
Communism is the ultimate example of this. It works in theory, because the theory is based on purely common sense logic, not any type of careful analysis of the situation.
Sorry to babble but it all comes back to my original point of, "can raising the minimum wage have a negative affect"?
Well I'd say there's just a lot of chains in the links. You have to consider raising fuel prices. You have to look at the candidates different positions on the issues. McCain is obviously more interested in driling oil. More importantly, McCain is interested building more nuclear plants. Obama is interested in bio fuels. McCain told the farmers straight to their face that it's a waste of time.
It's all in circles. The government subsidies of the bio fuels cost taxpayers money. They raise the prices. They eat up energy themselves. They pollute more. Now it's becoming more expensive to supply food, it's more expensive to hire, food prices get raised. People have less disposable income. Less money to put in their banks. There's less money out there to fuel wall street. Everything contracts. The reckless who relied on debt to get by get burned as a result. The greedy who wanted to snatch up homes in order to sell them back for more get deservedly fucked.
Now it all starts to hurt people who didn't do anything wrong. Cause they're the ones left with the check.
Or if you want to simplify things. If you wanna figure out the right course of action. Ask all the hollywood celebrities what they think, then do the opposite.