Re:Mark Zuckerberg Is in Denial
by Pokepokalypse on Tuesday November 15, 2016 @12:27PM
(#12960118)
The problem with a straight-up $15 minwage is that it goes against what is becoming a huge force in this country: inequality. Minwage is meant to somewhat try to address inequality. But in fact, the difference between rural and urban cost of living is huge. So minwage needs to be sensitive to this.
The issue really needs to be completely depoliticized, and the minimum wage should really be set to some kind of local/regional indicator, and indexed to inflation.
But if we did that... politicians wouldn't get to flip this card out every 10 years to play it.
I'm all over something like a minimum basic income that would effectively do the same thing as doubling the minimum wage, without putting the cost burden on businesses that can't afford it.
The perk of a national $15 minimum wage is to remove any incentive US only businesses that may consider relocating to less expensive parts of the country. I'm sure it seems perfectly reasonable in a high cost of living area, but outside of that it's a jaw droppingly bad proposal.