Believe it or not, both the left and the right want to end welfare for the poor. The left just has a realistic and humane way of doing it.
$153 billion of public assistance is spent on people because of their low wage jobs. 18 million people make less than $10.10 per hour. How many more do you think make less than $15? If the minimum was raised to $10.10, republicans are to stupid/immature to realize that far less people would be eligible for programs like food stamps. It would dramatically fix the fucking problem of the poor on welfare!
Like it or not, $15 as a minimum wage would be a base wage kept up with the rate of inflation. The last time someone could live comfortably off 10.10 per hour was the fucking 60s. Since the recession, low wage jobs out number higher wage jobs. That means MILLIONS OF PEOPLE have no choice but to accept low wage jobs.
As long as it was gradually raised over a couple of years, the initial cost to the market would be minimized. Prices would go up, but not nearly enough to offset the consumer spending power created by it. Consumer spending would boom. The market would begin to create jobs. Way more than the jobs that would have been scrapped initially. Prices would also go down.
Look the only reason most (not all) CEOs are against raising wages is because it just easier to for them to keep the ridiculous money they make rather than invest in a strong labor force. The average CEO makes over 300x what the average worker makes. Sure we can all agree CEOs deserve a wealthy life for all their hard work, but do you really think they deserve 300x more?
Hell no.
$153 billion of public assistance is spent on people because of their low wage jobs. 18 million people make less than $10.10 per hour. How many more do you think make less than $15? If the minimum was raised to $10.10, republicans are to stupid/immature to realize that far less people would be eligible for programs like food stamps. It would dramatically fix the fucking problem of the poor on welfare!
Like it or not, $15 as a minimum wage would be a base wage kept up with the rate of inflation. The last time someone could live comfortably off 10.10 per hour was the fucking 60s. Since the recession, low wage jobs out number higher wage jobs. That means MILLIONS OF PEOPLE have no choice but to accept low wage jobs.
As long as it was gradually raised over a couple of years, the initial cost to the market would be minimized. Prices would go up, but not nearly enough to offset the consumer spending power created by it. Consumer spending would boom. The market would begin to create jobs. Way more than the jobs that would have been scrapped initially. Prices would also go down.
Look the only reason most (not all) CEOs are against raising wages is because it just easier to for them to keep the ridiculous money they make rather than invest in a strong labor force. The average CEO makes over 300x what the average worker makes. Sure we can all agree CEOs deserve a wealthy life for all their hard work, but do you really think they deserve 300x more?
Hell no.
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