Replies

To: Kaslin

Raising the federal minimum wage has two major undeniable effects.

Unions are able to get their contracts renegotiated since all contracts are indexed on the minimum wage.

Automation becomes cheaper than labor and more automation shows up. No one gets fired, but fewer actually get hired in the first place.

40 posted on 06/22/2021 5:44:07 AM PDT by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)

To: wbarmy

Plus, the feds get an increase in tax revenue without having to raise taxes.

43 posted on 06/22/2021 5:48:44 AM PDT by stylin19a (I have kleptomania, but when it gets real bad, I take something for it.)

To: wbarmy

Unions represent a small fraction of the workforce.

Test: What percent of the US workforce is in a union?

45 posted on 06/22/2021 5:50:34 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)

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