| Nuvendil said: The $15 minimum wage is ludicrous. There are only two ends for that plan. The best case is a MASSIVE spike in inflation that will ultimately drag the dollar value so low that the pay increase is completely offset. The worst case is frankly total economic collapse as large companies get lean in order to compensate for the enormous spike in payroll costs and small business in general is completely whipped out. It's another short sited proposal made by people so obsessed with their own, personal, immediate convenience that they can't pause to consider the broader ramifications of what they propose. And flipping burgers should NOT net you $15 an hour buddy. |
No. I'm sorry but no, this is wrong. The $15 minimum wage needs to be mandated, and all the other people employed at the upper middle class and below need pay increases relative to the minimum wage increase.
The fact is that while wages have roughly doubled in the past 40 years, the costs of living have more than quadrupled. To say that workers at the minimum wage are the problem is so wrong when you see individuals being paid millions a year to simply represent a company. The problem isn't a 15$ minimum wage, the problem is overpaid CEOs, sales people, owners etc. This massive gap in the standard of living between wealthy and poor is not by any stretch of the imagination right and that's where the real issue lies. We could as a country easily support a $15 minimum wage if those funds came from wealthy individuals with hyper inflated salaries that allow them to live well above their actual contribution toward society.
