Quote (Skinned @ Feb 17 2021 06:23pm)
The way minimum wage is tied to productivity is that the US government subsidizes the wages of those being paid too little via welfare programs to ensure that the private sector companies can keep their labor costs artificially low through the government paying the rest of their wages.
It costs more than a fucking dollar to make a hamburger. Taxes are paying for those McProfits.
A majority of min-wage earners are not primary breadwinners, so unlikely.
Does it have some small effect on wages? Perhaps, but that's what you get when you implement poorly designed welfare.