$15 min wage…ugh. That’d be nice if this were 2008.
At this point we need a min wage right now of $25 an hour, but we also need to tie it to a percentage of the economy. Meaning if inflation goes up by 3%, min wage goes up by 8%.
Yeah, let’s see you shrink those products now, knowing it means each time you do, you need to pay your employees drastically more.
And can we somehow tie this to climate change? So as the globe gets hotter and hotter, the companies need to pay more and more.
Oh look, the starbucks CEO just stopped daily comutes by private jet from L.A. to Seattle.
Reposting from elsewhere:
Seattle started the movement for a $15 minimum wage in 2014. It passed and was slowly phased in, finishing the rollout in 2021. It’s also aligned to inflation, so the current minimum wage (in 2024) is $20.76 per hour.
…ok? That just makes me want to move to Seattle?
I’m unclear on your intent with this info? Are you adding to my suggestion with contextual facts to show it works? Are you argueing saying it doesn’t work?
I can’t speak for the other commenter but my interpretation is agreement - “Yup, we tried it in Seattle
- and hey, guess what? It works!”
Tie it directly to a basket of stock indexes. The stock market has been a false proxy for the “economy” long enough. Make it do some actual work.
That’s the federal minimum. The state’s minimum wage subsequently increases based on cost of living, relative to the federal minimum. For example, the current federal minimum is $7.25/hr, but it’s $16 in NY. You could probably get by on $15/hr in Mississippi.
The right number 15 years ago. How out of touch with reality does a person have to be to propose a wage lower than Walmarts starting wage?
Note that she’s saying “to at least $15 an hour” not saying that it should only be $15/hr
It’s long past time for $15, and Democrats lost all credibility on the issue when Sinema delivered her thumbs down.
CNN - News Source Context (Click to view Full Report)
Information for CNN:
MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
Wikipedia about this sourceSearch topics on Ground.News
https://www.cnn.com/2024/10/23/politics/federal-minimum-wage-harris-trump/index.html
