Dem Platform Committee Votes Down $15 Min Wage Amendment(updated)

[AdHocSolver]

79. Raising the minimum wage to $15 an hour will BOOST the economy without losing jobs.

All economies are DEMAND driven. Economic demand for goods and services requires that people have money to spend and are willing to spend it.

Raising wages puts more money to spend into the hands of people who will spend it, thereby boosting the economy.

With people having more money to spend, more producers will enter the market to provide those goods and services, automatically creating new jobs to service the demand.

Currently, the major corporations buy each other out and eliminate "duplicate" jobs so as to keep wages low. Since there are fewer jobs to be had, workers have less leverage to bargain for better wages.

A higher minimum wage would put more money into the economy and "new" companies would have an incentive to compete for the business of the now better paid workers.

Similarly, forcing the corporations to pay their fair share of taxes would provide governments with the means to rebuild infrastructure, subsidize education, and provide affordable healthcare for all. All of these types of expenditures by government are investments in the future that will create jobs and provide for the common good.