you seriously dont believe that doubling the wage of unskilled workers isnt going to put a serious hammer into everyone elses cost of living? That the costs arent just going to rise to compensate, and tbose that were naking a living wage before (say, 16 an hour, who are now suddenly finding themselves making minmum wage) arent going to suffer for it? And thay companies arent going to pass rhe increase in cost along to the customers, thereby negating the raise and effectively lowerong everyone elses spending ability?
No I do, I don't think doubling is the answer, there is a fair number for all based on some key variables. I would ensure a minimum wage job would allow one to live and possibly spend money and not be partially subsidized by tax payers. It would improve the economy and reduce tax payer burden. Right now the poor cost a lot of money, just like with the healthcare industry, reactionary measures will ultimately fail as affluence increases.
Also,the loss would be out of the profits not passed on to the consumer, no one Is going to pay for a 10 dollar big mac, consumers have a choice, expenses of a company are tough shit, probably be ok though as they only made a couple billion in profits last year, they could raise the min wage double and barely fucking feel it dude. What's happening is that automation makes the job pretty much fucking mindless, equals cheap workers, cheap product, huge profits. The consumer pays a little because of the quantity moved, the massive profit is skimmed by the stock holders leaving those fucks working the cooker with the scraps, as it should be In an ideal world. However, reality dictates that these people like to live, thus, they need things to live, the wage now does provide that. Who then supports the remaining amount that is necessary for them to live? hospital expenses, food etc you and me, the tax payer, meanwhile McD's hides untold billons in tax havens, paying an effective tax rate of zero whilst using means paid for by those very same rebated taxes. The end game of all this is ever increasing profits, lower cost of food and a class of needy people dependent on government, supported by the taxpayers.
So when you bite into your 3 dollar burger know that the money you saved is coming right out of you taxes and going into the person who served you the burger. The real winner, the CEO's who pay no taxes and use your money to subsidize their low wages ensuring they have a healthy pool of poor workers who can't argue for more and are in a perpetual state of need.
Then the cycle begins, we need more taxes to pay for shit, more people on welfare then ever, which will only increase, then more taxes, then the economies knees are weak palms sweaty, theirs vomit on it already, mom's spaghetti.
