Some time ago, I wrote a blog post regarding the minimum wage. See Minimum Wage.
One of the things I hit upon was that the much touted $15/hour was more smoke and mirrors than anything else. It was more a publicity seeker than a real number. I also stated that even if it were a true number it did not come close to resolving the underlying problem of people not making a living wage for a full-time job.
Well, guess what?
The part about smoke and mirrors is more true than you want it to be. The “revised” $15/hour federal minimum wage proposal came out a while back. Keep in mind that it has a snowball’s chance in hell in passing Congress right now but it is being proposed.
The new proposal for $15/hour is really $9/hour growing to $15/hour in 7 years. Isn’t that a pig in a poke?
Elect me: I will promise you $100/hour guaranteed (in 2099).
Truer words never spoken. I’ve already seen prices going up because minimum wage is going up. Ha.
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