Capitalism?we should eliminate low wage jobs anyway. we cannot afford them in a first world economy.Yes. It is a complex issue. Your last paragraph is one possibility, but it ignores the obvious. Corporations don't create jobs. Tax cuts for the wealthy never create jobs. Demand creates jobs. Typically, low/middle income earners create the most demand for goods/services.
If you put more money into the hands of these hourly workers, then they'll have more money to spend...thus creating jobs. We're at max employment right now, so I wouldn't worry about job losses if people start to earn a living wage.
We've tried everything else. Prob. time to try something that actually works.
If you put more money into the hands of these hourly workers, then they'll have more money to spend...thus creating jobs.
If you take more money out of the hands of their employers, then they'll have less money to spend...thus destroying jobs.
How else are the young and unskilled supposed to gain work experience?
Unfilled jobs cost the U.S. economy $160 billion a year
And what happens when the economy is not so robust, is, when Trump is out of office?
Well, you know. Somebody's gotta pay the tab.