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A comment on Economic Reality. Parent comment
^^^ What gets threatened by lobbyists fighting minimum wage increases.
http://www.ft.com/cms/s/2/b9602ba0-3c91-11e6-8716-a4a71e8140... (Push for higher wages squeezes US corporate profits)
^^^ What actually happens in reality
>That's probably true. It probably hurts the middle class, though. Hurting the middle class to help the bottom isn't really the trade-off we want
^^^ What politicians say when Bernie Sanders proposes raising taxes on people earning over 200k / year.
There isn't much of a middle class left in America these days. The people who would be helped are in the majority.
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^^^ What gets threatened by lobbyists fighting minimum wage increases.
http://www.ft.com/cms/s/2/b9602ba0-3c91-11e6-8716-a4a71e8140... (Push for higher wages squeezes US corporate profits)
^^^ What actually happens in reality
>That's probably true. It probably hurts the middle class, though. Hurting the middle class to help the bottom isn't really the trade-off we want
^^^ What politicians say when Bernie Sanders proposes raising taxes on people earning over 200k / year.
There isn't much of a middle class left in America these days. The people who would be helped are in the majority.