if we could get them to understand that, should all people earn a decent livable wage and have decent affordable health care and decent affordable education, then we truly would be a great nation!
I agree, but where do the jobs come from? New startup businesses can't afford high wages, and existing large companies already deal with labor unions. Perhaps temporary wage subvention for new jobs?
When Feeling Passes For Knowing....
New jobs?????
Unemployment looms in the future....
7. "The Congressional Budget Office report estimated that a $15 minimum wage would lead to 1.3 million lost jobs by the year 2025, with job losses rising over time due to compounding negative impacts.
8. ...a not-insignificant chance that losses could exceed 3.7 million.
9. A 2011 Heritage Foundation estimate was even bleaker. It estimated a $15 minimum wage would lead to 7 million lost jobs.
10. Some groups have tried to minimize this part of the picture, focusing instead on the 17 million workers who currently earn below $15 that would receive an income boost. But this simply means that for every 13 workers who would get a wage boost, one worker would lose their job entirely."
Here Are 6 Ways a New Report Devastates the $15 Minimum Wage
"FDR talked Congress into creating Social Security in 1935 and imposing the nation’s first comprehensive minimum-wage law in 1938. While to this day he gets a great deal of credit for these two measures from the general public, many economists have a different perspective.
The minimum-wage law prices many of the inexperienced, the young, the unskilled, and the disadvantaged out of the labor market. For example, the minimum-wage provisions passed as part of another act in 1933 threw an estimated 500,000 blacks out of work."
Great Myths of the Great Depression | Lawrence W. Reed