top | item 37696593

(no title)

mech765 | 2 years ago

If they raised the minimum wage for all workers, it would have a greater destabilizing effect, so they limited it to a smaller group so they could get their message across while minimizing the change they cause.

discuss

order

JumpCrisscross|2 years ago

> raised the minimum wage for all workers, it would have a greater destabilizing effect

Theory suggests this will happen at some point. Evidence shows we aren’t close to it.

Raising the minimum wage—across the board—to $25/hour in non-rural counties and something lower in rural (where COL is lower) would likely cause growth. Because while costs have gone up, there is a massive purchasing power unleashed. (Critically, this could only be done after zoning reform. Otherwise the surplus will just go to landowners.)

lotsofpulp|2 years ago

It just so happens that that particular tribe of people has sufficient political power to push through an increase for themselves.

See non English speaking farm workers that have their very own exclusions to minimum wage laws, even on the west coast. They just don’t happen to have the political power, so they get shafted.

Fracturing your opposition is a tried and true method to break consensus.

Edit: I find it hilarious that even in this tribal delineation, somehow people who work at a business that bakes things got screwed.

TheOtherHobbes|2 years ago

Constantly raising and capturing profits has a far more destabilising effect.

At some point this reality will become clear to US corporate culture. But it may well be rather late and very messy.