It’s been proven that a higher minimum wage is good for the economy and ultimately doesn’t hurt business (see Australia). The minimum wage hasn’t been raised in decades. It costs have.Maybe next time.
Senate votes down $15 minimum wage during vote-a-rama. Bernie Sanders seems unfazed. (yahoo.com)
" By a voice vote, for example, the senators approved an amendment from Sen. Joni Ernst (R-Iowa) to "prohibit the increase of the federal minimum wage during a global pandemic." Raising the minimum wage to $15 an hour is one of the heavy lifts in Biden's proposal. "
The minimum wage hasn’t been raised in decades.
Decades?
When was the last time it was raised?
Last time a increase was passed was 2007 under Bush.
really?
Obama didn't raise it from $7.25 to $7.80 in 2009??
No, that was in the 2007 bill. Obama never actually passed an increase himself.
History of The US Minimum Wage - From The Very First Minimum Wage (bebusinessed.com)
"July 2008 (GW Bush): $6.55/hr ($7.12/hr)
July 2009 (Obama): $7.25/hr ($7.80/hr)"
Minimum Wage laws....walter e. williams
- While legislative bodies have the power to order wage increases, they have not as of yet found a way to order commensurate increases in worker productivity that make the worker’s output worth the higher wage.
- Further, while Congress can legislate the wage at which labor transactions occur, it cannot require that the transaction actually be made, and the worker hired.
Working more for less: How wages in America have stagnated
Which as what to do with this?
Minimum Wage laws....walter e. williams
- While legislative bodies have the power to order wage increases, they have not as of yet found a way to order commensurate increases in worker productivity that make the worker’s output worth the higher wage.
- Further, while Congress can legislate the wage at which labor transactions occur, it cannot require that the transaction actually be made, and the worker hired.
It's in the link. Record productivity.
So you couldn't come up with any answer, merely seek relevance????
You appear to be having a Garden of Gethsemane moment.