Saturday, November 19, 2016

What happened to minimum wage issues?

Minimum wage issues brought out the paid demonstrators during the Obama years, but little was said during the election. Why? Because it's a non-issue for financially improving lives. Very few people earn minimum wage--about 1.3 million hourly paid workers. Only 2% of full time hourly workers are at or below federal minimum. The increases are not going to change the economy, but can raise prices or close businesses while trying to make political points with this dead horse for the left to beat. The hope that an increase in minimum might reduce dependency on government assistance, is probably a pipe dream. They may be poor, but they aren't stupid. They will reduce their taxable hours to continue with Medicaid or housing assistance which are not taxed.

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