by Sixstrings » Wed 11 Nov 2015, 16:29:36
$this->bbcode_second_pass_quote('ROCKMAN', 'B')ut upping the min wage will certainly mean some employers who can’t pay it will lay workers off or cut their hours at least. How many? I couldn’t guess and I don’t think one else can put forward a credible number. But some number will lose their jobs.
The important thing is that it needs to be at the federal level. When it's at the city council and state level, then that's when jobs go out to lower wage places.
From what I understand, studies show it's a net neutral as far as jobs lost but also JOBS CREATED. Better paid workers, have more money to spend at businesses. Better paid workers, means more customers.
My own theory is that it's only a net neutral on jobs just because it's different in every state / only a particular city raising it and then yeah you get some jobs flying out to the city nextdoor where the wage is lower.
But yet it's still a net neutral.
Make it nationwide, and it would be a NET POSITIVE and create jobs, and then also you'd have to change how we do trade agreements to stop offshoring more jobs and then everything would be great and we're truly be back on track to "making america great again" like it was many decades ago. With higher wages for the middle and working class, and a broad middle class and that's where the money in America is concentrated in.
If a $15 wage hike got passed, it would be like New York did and would be over 6 years.. so, not the end of the world.. the minimum should have already been raised to $12 by now but the thing is -- Republicans just stopped being how they used to be, like old HW Bush and Bob Dole, for some reason like fifteen years ago they just stopped doing the normal things like raising the min wage every few years.
The BEST thing to do would be what Australia did -- raise it to $15 and then PEG IT TO INFLATION. Now THAT is good government, that just does something smart about something and it's the right thing to do for people and it's not the middle and working class just being suckers all the time and they actually have politicians that do things to help people out, and yes their billionaires pay more in taxes but they've got a far healthier working and middle class and better off society.
Australians have a $15 min wage, they've got universal healthcare that's better than ACA, and I'm not sure how their uni is but I bet they don't have college loan debt slavery either.