Time to Quit the Fantasy of Minimum-Wage Increase!
pointed.substack.com
President Biden’s $1.9-trillion relief plan proposes a doubling of the US federal minimum wage to $15 an hour. Bipartisan, union, and liberal groups are quick to claim that the demand will at least reduce income inequality, raise many out of poverty, and help a lot of women workers. The “left-leaning” Economic Policy Institute estimated that a $15 minimum wage phased in by 2024 would directly lift the wages of 28.1 million workers. National Employment Law Project
Time to Quit the Fantasy of Minimum-Wage Increase!
Time to Quit the Fantasy of Minimum-Wage…
Time to Quit the Fantasy of Minimum-Wage Increase!
President Biden’s $1.9-trillion relief plan proposes a doubling of the US federal minimum wage to $15 an hour. Bipartisan, union, and liberal groups are quick to claim that the demand will at least reduce income inequality, raise many out of poverty, and help a lot of women workers. The “left-leaning” Economic Policy Institute estimated that a $15 minimum wage phased in by 2024 would directly lift the wages of 28.1 million workers. National Employment Law Project