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.
Ain't that the Truth! Shit is the automatic byproduct of all totalitarian regimes in history. The current regime is turning this Country into the shithole Venezuela.