I think only about 500,000 work at minimum wage
Would these workers currently earning $7.25 be harmed if the minimum wage was raised to $15? If so, why?
Oh yeah, I'm sure some of them would be laid off and some (inefficient) businesses would close. Or maybe hire illegals if they aren't already. But this isn't really about those who work the actual minimum of $7.25/hr anyway, it's about the 40% of Americans who work for less than $15/hr. $9 to $15 isn't double, it's about a 67% increase. $12 to $15 is 25%. So in reality, 'doubling the minimum wage' gives the vast majority a much smaller boost.
Oh yeah, I'm sure some of them would be laid off and some (inefficient) businesses would close.
And that's ok with you?
it's about the 40% of Americans who work for less than $15/hr. $9 to $15 isn't double, it's about a 67% increase.
How many of the $9/hr workers would be laid off? How many more businesses would close?
Not nearly as many as you believe. The economy will adjust. You think $15/hr will cause a crash? Massive unemployment?! LOL July 2019 unemployment rate 3.7%.
Republicans always want to say it would cause massive unemployment but it won't. Yes the unemployment rate will go up - temporarily. Some businesses will close - but look at all the businesses going under already. What do you blame that on?? Maybe you want to say fear of $15/hr is what's driving automation? I'm too old for that BS since I've heard that for decades now. Bezos would be switching to robots even with $5/hr and you know it.
Not nearly as many as you believe.
How many?
The economy will adjust.
Of course it will.
Any time the government does something monumentally stupid, the economy eventually adjusts.
You think $15/hr will cause a crash?
I think $15/hr will cause many workers who add less than $15/hr of value to lose their jobs.
I think $15/hr will cause many employers to go out of business.
Massive unemployment?!
Maybe.
Republicans always want to say it would cause massive unemployment but it won't.
But it will cause some unemployment. You don't know how much.
Some businesses will close - but look at all the businesses going under already.
If something bad happens, we should cause more bad to happen? That's just stupid.
How many?
I don't know but my impression is you expect massive layoffs and companies going under. Companies are
already going under. Brick and mortar stores are having a lot of trouble staying open. Do you think we should shut down the internet? Was the rise of Amazon due to overpaid workers in those brick and mortar stores?
I think $15/hr will cause many employers to go out of business.
Your turn - how many?
Maybe
Maybe not
But it will cause some unemployment. You don't know how much.
Neither do you
If something bad happens, we should cause more bad to happen? That's just stupid
LOL there are different causes for what is happening right now and what you fear will happen if we raise minimum wage. Automation and online shopping aren't going away and those have nothing to do with how much people are earning.
So what do you propose? Robots delivering your amazon orders means more people out of work no matter what. Jeff Bezos gets richer and richer. The poor get poorer no matter what. Are you okay with America's shrinking middle class? Are you okay with such a wide income disparity which will only grow? Ok with being an oligarchy, which will only get worse? Do you think that will have any effect on our democracy?
BTW who's going to pay down our $22 trillion national debt? Jeff Bezos? Any of our many, many billionaires? What about people on welfare? If you had even one kid to support, would you be more likely to work at a job that pays $7.25/hr or sit on welfare? What if that same job pays $15/hr?