California Democrat Rep. Ro Khanna essentially argued Sunday that Democrats believe no jobs are better than “underpaying” jobs those that pay less than $15 per hour.
During an appearance on CNN’s “Inside Politics,” host Abby Phillip asked Khanna whether Democrats should be pushing for an increased federal minimum wage as the pandemic continues to adversely impact the American economy. Phillip noted that millions of Americans remain out of work, particularly in retail and service industries that are more likely to pay employees the minimum wage.
Khanna claimed now is the right time by citing Amazon and Target — two massive companies that have set their minimum wages at $15 per hour — and even alleged that increasing the minimum wage creates jobs.
“I’m wondering, what is your plan for smaller businesses?” she asked. “How does this, in your view, affect mom and pop businesses who are just struggling to keep their doors open, keep workers on the payroll right now?”
Shockingly, Khanna said small businesses should not keep their doors open if they do not pay employees the wage that Democrats are demanding.
From an economic standpoint this will become unsustainable, causing hyperinflation faster than previously recorded. By paying low to no skill jobs 15 an hour you can essentially expect a high skilled job that prior fetched let’s say 15 an hour to at least double. This model doesn’t net the minimum wage employee more money as goods and services will still be unobtainable as the rent, groceries, gas all rise due to increased labor costs and market value.
100% correct. The trickle down effect.
More unemployed Americans.
Genius!
(NOT!)
You will need a wheelbarrow full of worthless currency to buy anything. This is a great way to hasten the end of the economic system.
Do they intend for seniors to receive $15/hr in their SS?
WHO are these people??
Have they EVER run a business, or do they already know it all because of some courses they took at Harvard?
Let’s see — 3 workers making $13 an hour work at Jo’s Corner Market. The democrats think they should close _ CLOSE! – because they won’t pay someone $15 an hour to sweep a floor and empty trash cans.
Now, those 3 workers AREN’T WORKING and neither is Jo and his wife. Democrats cheer!! Another victory!!
THIS is the liberal democrat view of business.
God help us through 4 years of this.
Psst – anyone notice how gas prices have jumped again?
Reason thrown out there? More demand.
Really????