Minimum wage has gone up many times and we’re still here. In fact, the economy couldn’t be better. Why not just raise it with social security every year. That would take it off the table as an issue for Dems.
Why stop at $15? Make it $25 an hour, couldn’t hurt, right?
0bamacare is the law of the land and we’re still here. The federal debt is several trillion dollars and we’re still here. There are several hundred thousand abortions severy year and we’re still here.
Most of the time the MinWage has increased, it’s to keep up with inflation, and the increase has been small amounts. This particular initiative is intended to re-focus the MinWage from a pay floor for entry-level jobs into a so-called “living wage” i.e. pay at a level one could theoretically live on. It’s a near-doubling of the current rate. If your goal in life is to live on the pay of a supermarket grocery bagger, then you have bigger problems.
This is (as has been demonstrated many times already) going to gut small businesses and the entry-level job market. The kinds of jobs that this will affect aren’t worth paying $15/hr for. Not only that, but this will drive up the cost of many of the jobs that are just above entry-level. The grocery cashier or meat shop clerk now has to also get a pay raise in order to keep their pay appropriately proportional to the entry-level folks. People who worked their butts off to get that raise in the past are now going to feel slighted because the new guys are automatically getting what it used to take months to achieve. The business owners/managers are going to have to find a way to mollify those senior workers or face losing them. They’re also going to lose some of their low-end manpower (as already seen) because they now can’t afford to keep as many entry-level folks on the payroll. Their overhead has gone up, while revenues stay the same.
And that’s not even getting into all the new costs that unions will inflict on the economy.
This is going to go a long way towards killing whatever economic momentum Mass has been riding. They used to manage to stay ahead of their socialist tendencies, but they’re now well on the way to Californification.
Many jobs aren’t.
Gov’t debt at all levels is up & welfare numbers are up, trying to mitigate the consequences of dis-employing those whose jobs aren’t worth min wage pay.
And North Korea is still “here”.