General Discussion
In reply to the discussion: Can someone answer my question about the minimum-wage hike? [View all]eniwetok
(1,629 posts)Your assumptions are still disconnected from reality in two key ways.
First we do NOT have European economies where there's a more equitable distribution of income. We have 25 states with a MW at $8 or below and 19 of them are at $7.25.
And there is NO OECD nation that has anything CLOSE to a $15 MW in terms of parity purchasing power. The highest is $11.20. I've posted the numbers and source numerous times in this thread.
$15 might be fine for high flying urban areas in the US. But we're talking about a NATIONAL MW. To think anyone is going to pay $15 to the most unskilled worker in a depressed rural area... and that business can magically make it back in more business... is laughable. Just because something's "plausible" doesn't mean it's connected to the real world. It's right up there with the gullible, if not dimwitted, right wing base eating up the Orwellian Right's big lie that irresponsible tax cuts... especially for the rich, will pay for themselves with increased revenue.
Look... I could care less what nutty bullshit you want to believe. Just don't pass it off as being handed down on a slab from on High.