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A comment on If pay had kept pace with productivity gains, minimum wage would be $24 an hour. Parent comment

Re:If pay had kept pace with productivity gains, minimum wag... by bhupy on Friday October 09, 2020 @03:37PM (#24733601)
> Also, why are we assuming that technology brought down wages when offshoring has skyrocketed. What makes you think it wasn't competition from the third world labor rather than robots?

Do we think that increasing minimum wage will hasten or slow down this trend?

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Re:If pay had kept pace with productivity gains, minimum wag... by pydry on Friday October 09, 2020 @05:24PM (#24734598)
If the United States government wanted to speed up or slow down this trend or even halt it altogether it could do so tomorrow no matter what the minimum wage did. Currently it views offshoring as a geopolitical threat and is opting to slowly repatriate supply chains. No matter what happens to the minimum wage that opinion is unlikely to change.

I don't think it makes sense to treat an explicit political choice as a fait accompli.

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