Quote (bogie160 @ Jul 9 2020 07:22am)
Is that really the case, though? I'd be interested to know what jobs they're competing for.
No matter the particular job, wages across the board are a web, or spectrum, and the lower the min is the lower they drag across the board.
As minimum wage has gone up so have other wages across the board in restaurant work, construction, most service jobs, etc. This isn't related to inflation, because if minimum wage was tied to inflation it would be over 20/hr ar this point as shown by many studies of this. And the concrete finisher is paid relative to his wages as an unskilled laborer that he was started as. A raise from a higher number is better mathematically.
Having so many highly disposable workers has been the biggest safeguard to rising wages among our servants.
I imagine some stupid people will read this, be really concrete operational, and think it only affects burger flippers. It affects them.
Also more money being expended grows the economy. If fast food workers have more money them they won't qualify for medicaid, which is how a lot of business is being subsidized by the government. You have all americans who get insurance through work, but certain people don't have to do that and they get the government to cover that cost of business for them.
How big is medicaid and how many people on it are employeed by a fortune 500 company that is basically on welfare to keep its enployees healthy? Why can't McDonalds afford health insurance for workers? They're making billions of dollars a day off of them.
If social workers and nurses weren't paying for the health insurance of those they serve they would have more money for example.
This post was edited by Skinned on Jul 9 2020 05:37am