They have to keep raising the minimum wage or else people would figure out that you don’t need one.
Now minimum wage is morphing into living wage which is generally considered to be enough salary to raise a family.
I will add this, to keep harping on it: I believe MW has led to the “problem” of (small) employers taking in illegals, and thus adding to the flow of illegals.
Get rid of MW and we may see the illegal problem virtually dry up.
The faster we raise the minimum wage, the faster we get robots.
Bye-bye perpetually angry Black workers who spit in my food.
Bye-bye friendly and competent Hispanic workers who vote for the Democrat Party.
Bump
All true, but I’m not too sorry to see California decide to be the bleeding edge on the issue, because I have a hunch there’ll be more bleeding than edge. No one will learn if all we ever discuss is fine-sounding abstractions. Somebody has to try it and get beat up as a result - that saves the rest of us the necessity to try it ourselves. There will be excuses made for the failure and fingers pointed at the usual culprits when the scheme results in higher unemployment - that’s what liberals always do. That part won’t change.
Fundamentally, the effect of minimum wage laws is to eliminate from the marketplace prospective workers whose productivity, at least initially, would be insufficient to justify paying them minimum wage. This will have the effect of forcing employers to hire other more-productive people to do jobs which would have been done by those less-productive people, thus making less of their labor available for other purposes. This will increase the wages that can be demanded by those who remain in the marketplace, but if one figures that the less-productive people are going to have to be paid *somehow*, whether by an employer or by taxes, the net effect is that minimum-wage laws don’t really help anybody except Democrat politicians.
Tell these people minimum wage should be $100 an hour and they’ll scream “No! That will make prices go up!”
Sowell BUMP!
If we are truly compassionate, we should set the minimum wage at $526.32 an hour! That would mean that everyone earns at least $1 million every year! We’d certainly eliminate poverty lickety split..
Who cares if a big mac value meal #1 costs $350....