There are many manufacturing jobs that pay more than minimum wage but less than $15/hr. And many of those places have thin profit margins. Raise the minimum wage to $15/hr and their profit margin vanishes. When that happens, they move the jobs overseas where they can pay far less. So now you have an unemployed worker who can’t find a job.
Isn’t this what the TTP is all about...moving jobs to other counties for ‘slave labor’ and we have nothing here for our people to live on?
“So now you have an unemployed worker who can’t find a job.”
The problem is all those employed workers tend to want smaller government and policies that promote growth and prosperity.
Raise the minimum wage and you get lots of unemployed government-dependent Democrat voters, along with a nice raise for all your union pals who will kick back some of the wealth.
With any luck you might also be able to convince some of the other guys who still have jobs that they owe their higher wages to the Democrats.
Doing that just causes welfare and food stamps and other benefit spending to go up. If they are crazy enough to raise min to 15 then they need to put in protective tariffs. If you are going to go radical and cause inflation at least FedGov should do it "right". Half a screw job is worse than a complete screw job in this case.