Saturday, February 15, 2014

The case for a decent minimum wage

No having a minimum wage, or at the very least a decent one, is a great deal for employers who can't afford robots but settle on cheap, disposable workers. Companies like chicken processors Tyson are very good at that.

They don't pay their employees, are savvy enough to avoid paying taxes themselves, and guess what? The middle class picks up the tab by providing their underpaid workforce social assistance under the form of food stamp and other subsidies.

The point is that if we paid people a living wage, we wouldn't have to rescue them at taxpayers' expense. Services would cost more, some goods (those made here) might also be more expensive, but we would be much better off as a nation.

There is no reason that people who work should earn less than $15 per hour!

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