Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)
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It won't end the new gilded age, but it can maybe help ease things. Chances are that companies will raise prices far beyond increased labor costs and blame the minimum wage increase. They can do this because there's too little competition in too many industries.
I'm already forced to do the work of 3 people and it took months to find this job at all. The system behind this job market disaster obviously urgently needs drastic changes but I feel like this would only put even more people out of work or doing the work of their newly fired coworkers
Ok we’re not gonna sit here and be like people don’t deserve it like minimum wage definitely needs to be raised, however this will diminish the currency and companies will raise prices in retaliation: further enforcing the currency’s diminishing value. Yes-raise minimum wage but also tack on max wage like you can’t make more than 5x than the lowest paid person in your company, a wealth tax and actually regulate the market to keep companies needlessly raising prices or undercutting other businesses and allowing monopolies. Thats its way more effective than only raising minimum wage.
That would si a hell of a lot to ease the burden most people are feeling. Hell, my wife and I could back off to 1 FTE each
It’s a great idea, but under the current circumstances, it’s performative. And great, popular ideas like this always seem to be presented performatively in contexts this by the DNC, but never when they’re actually fucking in charge of shit - at least, they have for as long as I’ve been paying attention to politics.
Anything that does not tie minimum wage to the CPI is just stupid. Really? They're all just sitting in a room jerking each other off, aren't they.
Raise the bar and suddenly everything else gets more expensive as fatcats try to capture all that new discretionary income that the poor have..
Yay! Public masturbation instead of actually fucking doing something. What happened to impeaching the shit stain that keeps desecrating the constitution?
Teflon Don isn't gonna get impeached anytime soon. Can't even get enough people in the house to introduce the articles.