Nobody disputes that. That is a universal economic truism.
But it’s also a universal economic truism that when the GOVERNMENT controls labor, you no longer have a free market. The GOVERNMENT has flooded the low skill labor market with millions of foreigners. It is an artificial, government-imposed disruption.
Why isn’t everyone screaming and stamping their feet about that? THAT is the real crime against the American worker. A minimum wage would at least help them fight back. So it’s government interference — so what. YOU’VE ALREADY GOT THAT with no border.
Why are you guys only concerned with helping factory owners ARTIFICIALLY pay the lowest wages possible? What about American workers?
Can you think of one factory worker who’s paid minimum wage?
I’ll admit with the puny recovery, many jobs (that persons in their prime earning years are finding, if they’re even in the work force) aren’t exactly paying 5-star wages.
If it’s the flood of low skilled labor driving down wages, how is voluntarily paying more in wages going to put the American worker at an advantage? I think the EEOC would have a problem if companies set wages based on ethnicity.
Raising the minimum wage simply keeps all low-skilled labor out of the workforce, including Americans with low skills.