Premium Only Content
$15 Federal Minimum Wage
This unconstitutional mandate would hurt the people they claim to want to help. Why?
Just because the government forces a higher wage, doesn’t mean businesses have the financial capability to pay that wage.
Their budget doesn’t just magically change bc they government says so.
So what happens?
(1) Business cut employees hours: resulting to less hours worked by those who receive the ‘pay increase’
(2) Layoffs: businesses can no longer afford to employ all the positions they did prior to the min wage mandate.
(3) More financial burden for restaurants & businesses as they’ve already been struggling to stay afloat during these tyrannical lock-downs
(4) Low skilled workers will have a harder time finding jobs: businesses will expect higher skilled workers for higher wages
(5) Big business wins: Big businesses like Walmart & Amazon can afford the $15 minimum wage, many small businesses cannot
(6) Inflation: prices go up
This is surface level economics. There’s many studies on this topic. Politicians know better. They’re pandering to an uneducated population & manipulating them emotionally.
What would be beneficial is cutting taxes for businesses. When they pay less in taxes, prices will go down and wages will go up.
The reverse of what a federal min wage mandate would do: prices go up, hours are cut &/or eliminated
Lastly, the government — especially the Federal Government — has no business telling private businesses how to pay their employees / run their businesses.
https://www.patreon.com/teawithtayler
Instagram: Tayler DeGrande
Rumble: Tayler DeGrande
Facebook: Tayler DeGrande
Website: TeaWithTayler
-
7:18
Tea With Tayler
2 years agoIs There Such Thing As Work Life Balance?
25 -
0:49
NarcityCanada
3 years agoCanada's Federal Minimum Wage Is Finally Getting Bumped Up This Year
4.79K -
0:28
Newsy
3 years agoPres. Biden To Raise Minimum Wage For Federal Contractors
9595 -
0:59
NTD News
3 years ago $0.03 earnedRaising Federal Minimum Wage Could Have Unintended Consequences
67526 -
0:26
Newsy
3 years agoFast-Food Workers Strike To Raise Federal Minimum Wage
1.22K28 -
2:43
KIVI
3 years agoExperts Weigh In on Impacts if Federal Minimum Wage is Raised
241 -
1:53
KGUN
3 years agoBattle for a $15 minimum wage in Tucson
141 -
1:36
KMGH
3 years ago$15 minimum wage would decrease poverty, raise unemployment, per new federal projection
58 -
0:32
WFTX
3 years agoBiden to sign executive order increasing minimum wage for federal contract workers to $15/hour
19 -
1:38
KMGH
3 years agoCBO report details difficult balance of raising the federal minimum wage
12