General Discussion
In reply to the discussion: A nationwide $15 dollar minimum wage is harmful and dumb. We should advocate wage subsidies and UBI. [View all]Amishman
(5,911 posts)$15 an hour is $31200 annual for full time
That's more than the average person capital income in PA
That's close to the average household income in some counties
And this averages are very skewed. Chester county has a per capita income of $41.2k. Fayette county has a per capita income of $19k
Chester county businesses could probably absorb this over a couple years.
Fayette county businesses would probably need 20.
A lot of rural counties are low cost of living and low wage and would be the most impacted. They also tend to have the highest unemployment rates. (Fayette for example has 7%, double that of Chester county).
Implementation would have to be slow with potentially major public assistance to businesses in harder hit areas.
A better approach than a flat minimum wage would be to have a floating minimum wage based on the median income in each individual county.