I don't know much about the economy, so you can classify this as the ramblings of a madman, but I've always wondered what the 'trickle up' effect of this would be.
Some background: I live in a state where minimum wage is ~$8, and I started working at a company that started out low level people at $10, and there was a slightly higher up department that paid people $15. Those were the 2 lowest departments, and it went up from there in pay etc, etc.
If minimum wage is bumped to $15 then this whole system goes out of whack. All of a sudden the low level people who were making $10 are now making $15...but so is the high school kid flipping burgers at McDonalds. Is the company going to raise the starting rate to $17 so that starting pay is still slightly above minimum wage (as it was before).
Well how about the people in the next higher department who were making $15 an hour? They used to be making almost double minimum wage and now they are 1) Making minimum wage and 2) Making as much money as people in the lower department. Should they get bumped up to $22 to keep the original $5 difference?
If you're making $22 an hour, based on a 40 hour work week, that puts you at ~$45,000 a year. So now the people who make $45,000 a year will want an increase because people below them are now getting paid the same amount...
And this would go on and on up the chain.
I'm curious to see what happens.
Platinums: Red Dead Redemption, Killzone 2, LittleBigPlanet, Terminator Salvation, Uncharted 1, inFamous Second Son, Rocket League
