“A minimum wage hike may produce an immediate wage hike for many of the 2.2 percent of hourly workers who are impacted, but the higher labor costs force employers to cut non-wage benefits, like free meals, flexible leave arrangements, and health insurance coverage.”
If Buttigieg has overwhelming evidence indicating that the vast majority of the poor would see an overall increase in their pay (despite working fewer hours), then he could conceivably have an argument.
It may be true that some minimum wage hikes raise wages for a few lucky workers, but it comes at the expense of layoffs and shorter hours for others.
In his veto message rejecting a hike to New Hampshire’s minimum wage law, Gov. Chris Sununu argued that it would have increased unemployment and damaged the state’s economy.
Bernie Sanders’ rhetoric on the $15 minimum wage — rhetoric echoed by many politicians here in Vermont — just suffered a violent collision with economic reality.
Democratic presidential candidate Bernie Sanders’s campaign staffers are demanding wages of at least $15 hourly, but a campaign strategist is calling that prospect “ridiculous,” saying productivity would have to be cut to stay within budget.
Democratic Michigan Rep. Rashida Tlaib called for a federal minimum wage of up to $20 an hour at a “One Fair Wage” event in Detroit on Sunday.
After years of advocating a national $15 minimum wage, Democratic presidential hopeful Bernie Sanders is now struggling to defend himself after campaign staff workers revealed they are not receiving $15 an hour.
The House voted 231-199 Thursday to raise the national minimum wage from $7.25 to $15 an hour over six years, with Democrats contending the bill would raise wages for millions of Americans.
The Congressional Budget Office threw some cold water on efforts by congressional Democrats to raise the minimum wage to $15 per hour with a prediction that such an increase would eliminate as many as 3.7 million jobs by 2025.
Sanders’ new campaign against Walmart is a continuation of his attack on Amazon last fall. Amazon owner Jeff Bezos gave in to the senator’s demands and raised Amazon’s wage to $15.