Reply to Help me understand the impact of a $15 minimum wage?

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[quote=Anonymous][quote=Anonymous][quote]No. I meant millions. Because for every person who directly benefits, another or many others will benefit too. Rising tide lifts all ships. I’m sorry but you are wayyyy behind the times. Minimum wage increase is long overdue.[/quote]

So ,lifting 900K out of poverty while putting millions out of jobs is going to lift all ships?  I may be behind the times, but I haven't lost common sense.  [/quote]

You are not getting it. The predicted job losses don’t exceed the predicted benefits.  I’m telling you, you can’t just pay poor people peanuts and expect things to go okay forever. It’s time.  Here is a more nuanced look—  https://www.washingtonpost.com/business/2021/02/08/minimum-wage-hike-15-an-hour-by-2025-would-result-14-million-unemployed-nonpartisan-congressional-budget-office-says/

And you won’t need as many jobs if the ones people had were enough to live on...

A lot of low wage workers take more than one job, working more than 40 hours a week to make ends meet. I won’t be sad if they didn’t need that second job anymore and a machine could do it instead.[/quote]

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