Here is the problem with $NN.00 minimum wage. It artificially inflates the value of a given or earned employment position. That in turn inflates the price of any given product or service that is being offered by said wage/position. That in turn robs me of my wealth if this happens across the spectrum and I have no choice left and the politicians damn well know this.
I’ve been on minimum wage. In fact, after getting my dd-214 years back, I elected to work for less than minimum wage just to get in the workforce quickly. I knew it was a STARTER gig. It was not meant to support me for a long period and only provided the most basic of basic’s while I got myself trained and began to “job hop” for employment with ever increasing value based on what I could provide. It was simple; I worked hard and put myself in a position that employers wanted to pay me more and more and more for what I could do for them. I in turn was happy to take their money in return for providing my services. We both won and neither party needed to be forced into coughing up something we should not have to based on the position.
The most simple solution for these deprived souls is to quit voting for politicians that want them destitute and start voting for politicians that want to create wealth through a free economy.
[ Here is the problem with $NN.00 minimum wage. It artificially inflates the value of a given or earned employment position. That in turn inflates the price of any given product or service that is being offered by said wage/position. That in turn robs me of my wealth if this happens across the spectrum and I have no choice left and the politicians damn well know this. ]
Combine this with the Fed’s inflation of the money and it would be a one two knockout punch to our already fragile non-growing economy....