Tuesday, October 11, 2016

[NJFAC] A $15 Minimum Wage is the Minimum We Should Push For

David R. Howell et al, "Reframing the Minimum-Wage Debate," is a terrific response to people who claim that a $15 minimum wage will lead to job losses. Howell and his colleagues have plenty of evidence that this is not true. But he also argues that we should not frame the minimum wage issue in terms of job losses, but in terms of the benefits a substantial increase brings to millions of workers. He also makes the simple point that political and business leaders don't care about job loss when they support new technologies or so-called free trade treaties. Howell also includes information about budget studies that, to me,show how inadequate even $15 is. But you may not need careful budget studies. All you have to do is think about this: a full year of work at $15 brings just over $30,000 a year. That's all. That's poverty by any meaningful standard--a phrase, by the way, that cannot be applied to official American poverty lines.
   
 
Submitted by Frank Stricker of NJFAC and Emeritus Professor of History, Cal State University, Dominguez Hills.
 
 
 
 

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