Sorry... a $15 minimum wage is too high

[Chan790]

158. Look at what?

There's nothing there.

It's completely logical. It's not even debateable because we already see it...jobs, at every level of the spectrum from entry-level minimum-wage to the top of the pay-scale, flow from higher-cost labor markets to lower-cost labor markets already. Local indexing will increase this rate of flow because it will make the cheaper markets much cheaper than they are now.

Also, a greater increase in prosperity for people in more-rural markets doesn't actually screw workers who also get an increase in prosperity, albeit a lesser increase, in more-urban markets. It isn't like raising the minimum wage increases the rate of inflation or the price of goods...that's one of those misunderstandings that people that don't actually understand how these things work, believe.