Minimum wage should clearly be $50 an hour. Have people no heart at all???
Meanwhile what’s left of the middle class is stuck in wage-freeze hell, seeing their security and net worth vaporize, compounded by the Unaffordable Care Act fleecing each of them to make the stats look decent.
That’s the poverty mindset.
If Donald Trump thought like that he would never become successful.
They can’t understand that a raise for the bottom is a cut for everyone above. Once I demand my purchase power back their raise has evaporated. Think that’s called inflation.
Or you are at (re)entry level in a very tight job market outside of your previous field.
I think that you are missing a couple of important aspects of this for the left.
If you raise the minimum wage... you also raise their income taxes, not by rate but by total value. Since these people pay Socialist Stupidity Taxes as on every dime of their income, and the higher the withholding.
Second is “prevailing wage” in union contracts which is a multiple of the minimum, which also effects public sector contracting that use prevailing wages to the contractors. So it’s also a sop to the unions.
As a side note to this thread, please consider the following. Bear in mind that the states have never delegated to the feds, expressly via the Constitution, the specific power to regulate intrastate minimum wage. So when low-information state lawmakers and company payrolls raise minimum wage to comply with a vote-winning federal minimum wage hike then weve got constitutional problems.
It can never be enough
$1.25 an hour more, but your employer can only allow you to work 29 hours a week due to 0bamacare, so the employee garners an additional $36.25 a week, less taxes, so about $29.00 more a week, or $116.00 a month after taxes.
0bamacare screws everyone from the bottom to the top.
Many union contracts base salaries on a formula that uses minimum wage as a base. Raise minimum wage, wages rise all the way up the pyramid. They aren’t interested in helping burger flippers. This is a ruse to stuff union packets.
Sheeple will never understand that every penny the min wage is raised is a loss of two pennies from their savings, their fixed incomes and the overall value of the dollar. The price of a loaf of bread and everything else they want to buy just went up double their piddly raises.