Bloodbath in CA from raising the minimum wage for fast food workers to $20/hour
(media.greatawakening.win)
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Maybe it's the European in me speaking but every single full time job needs to pay a living wage, a life for a life. If the employer can't afford to pay a living wage, that means there's not enough demand, that job doesn't need doing after all, they should close up shop and everyone involved should find something more useful to do.
Historically, increasing the minimum wage has always resulted in the same thing: employers complain and threaten to leave, then grudgingly pay up because leaving is more expensive than slightly reduced profits, and the entire working class's living standards improve as the higher pay trickles up to more complicated jobs. More purchasing power stimulates the economy and everyone is better off.
The correct minimum wage is $0. There are people who are simply not worth $20/hour and never will be. Those people need work too. Teenagers who haven't even learned to show up on time need that first job to acquire skills that might earn them more money. You are pricing the low skilled out of the job market.
Which is to say, slavery.
We have the same cabal running things so they always bake in slavery. We can’t win without a divine intervention in our economy. I think that the free market will work very well in the future for wages like this but we need the cabal out and people under the fear of the Lord instead of being controlled by greed. Then we can truly be free and maybe we find another way to not need these jobs and AI replaces them and they go to college and get a nice paying job instead. People have to start somewhere but the slavery is not allowing them to advance and keeping them there most of their life at minimum wage.