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genxlib

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Gender: Male
Hometown: South Florida
Member since: Thu Aug 16, 2012, 05:52 PM
Number of posts: 4,364

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The potential ripple effect of the $15 minimum wage

The increase is absolutely necessary and would be a huge boost to the working class.

What I have been wondering about is how the low end salaries will redistribute.

At face value, there seems to be this presumption that everything below $15 will be raised to $15 and that will settle everything.

I don't see where the impact will stop there. There are lots of people who were never MW that had salaries that were between the old and new numbers. I will call them MW+. If nothing else changed, they would be MW going forward.

But there were reasons those people were MW+. Perhaps they had seniority or some supervisory responsibility. Perhaps they were full time instead of part-time. Perhaps their employer was trying to compete for employees. Whatever the reason, many of them will need to stay above minimum for those same reasons.

So the ripple effect I foresee is that many $12 jobs will jump to $18, etc.

I just don't see how an economy works with too many people stacked at the same wage. There has to be some kind of hierarchy even among the lowest end of the salary spectrum.

In the end, this could have a big impact even beyond the base minimum.

Reframing the question

I think the question of whether Trump incited the insurrection is the wrong framing.

I would ask it this way.

Would the attack on the Capitol have ever occurred if Trump didn't exist? If he didn't lie about results, tell them to come to DC, rally them, tell them to march, etc.

The attack never happens without his involvement. He has to be responsible for it.
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