Quote:Right up until the skilled workers, especially the unionized ones, demand an equivalent raise in their own pay. Now you've got skilled workers making as much as mid-level managers, who would then want their own pay increased. As that labor cost increases across the board, prices go up to match. Small businesses close their doors because they can no longer compete on price. Cue the unsustainable inflation and inevitable recession that follow, and we've basically taken a dump on our own economy.

 

Minimum wage is not meant to be a living wage. Minimum wage is for high schoolers who need a summer job, or college kids who need something to make a little pizza money on the side while building skills and developing references. If you're 30 years old, have been in the workforce for 12+ years and are still making minimum wage, you're doing it wrong. It's not society's fault. It's yours.