Oh, so after raising taxes on businesses, the wealthy and the Middle Class...you're going to REALLY bring the economy to it's knees by forcing US businesses to compete with foreign competition with labor costs that are through the roof? You're a regular economic GENIOUS, Daniel! (eye roll)
Higher paid Labor can afford to pay more in Taxes and create more in demand. Only the right wing eschews not Only capitalism but also the laws of demand and supply in their special pleading.
Explain to me how this works, Daniel!
Your entry level worker that used to make $8 an hour will now make $15. So how do you think the more skilled worker that was making $12 an hour is going to react to that? Obviously, they're going to want just as large a raise which now puts their hourly wage at $19 an hour which is more than the supervisor of that shift was making at $18 and hour. So obviously the supervisor will demand an equally large pay increase to keep pace.
All you've really done with your $15 an hour minimum wage is create a serious case of wage inflation...which of course will shortly be followed by a serious case of price inflation to try and pay for all these new higher wages! So at the end of the day what have you accomplished? When you account for inflation nobody is making any more REAL income than they were before! Their wage went from $8 an hour to $15 an hour but their electric bill went up...their rent went up...the cost of the car they wanted to buy went up...that cup of coffee they get at Starbucks went up!
Do you not understand simple economic principles?