What happens when/if they make the minimum wage $15... and make it enforceable? And once we start to see the effects of that? Note I work for a smaller family owned business... they looked at me and said out right "none of us have really thought about that, but you make more than that"... though yes I do make over 15 its not much over, and assuming the effects are what they seem they will be... my wage will no longer be a comfortable living wage(hell it's barely a comfortable wage now).. so basically I was just told a cost of living increases hasn't even been considered and I'm going to go from earning a decent wage to a nearly unlivable wage. (Note: my position consists of multiple different duties that I've never met another single person able to do all three. Not bragging I just know my worth it would take two if not 3 people to replace me).
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The way minimum wage works is not that everyone makes that now, it just means that a job that provided less than $15 per hour of economic utility is no longer legal. It's not that they get paid more and now you need to get paid more, it's that the job no longer exists.
We used to hire free software interns. Instead of paying for an education, they would get a free education. It allowed us to build the people we needed exactly to spec. It also gave them a fast-track path to a paying job, often starting at double minimum wage several months into their internship if it was going to work out.
Now? Not allowed to. It's against the law to benefit from their "free" labor, so if we didn't pay them, they wouldn't be allowed to contribute. We simply choose not to do this anymore. They now need 5 years of experience to get their first job to start gaining experience. It's bananas.
#fact
And this fact doesn't just result in "unforseen consequences".
Rather, these job losses, waste, hopelessness, and destruction are "unacknowledged consequences", that everybody honest knows are guaranteed.
But the Left not only doesn't care, they depend on it.
I'm in the Seattle region and while everyone screamed about the $15 minimum wage killing restaurants, they said it was a conspiracy theory and not how economics works.
Fast forward two years pre-pandemic and the same people were posting articles about wondering why so many restaurants are closing their doors... smh.
Sounds very familiar... because I probably don't live very far away from you. ?
Looking forward to our regional post-Awakening mask-free BBQ! Good times ahead!