4 ms·
>> What do you think is going to happen if you increase minimum wage to the point where it makes automation a more affordable alternative? >This is going to ha
by opo 6y ago
>> What do you think is going to happen if you increase minimum wage to the point where it makes automation a more affordable alternative?
>This is going to happen anyway.
Changes that occur more slowly are easier for everyone to adapt too. Why do you think we should force this trend to accelerate?
- JoeAltmaier 6y agoBecause nobody can live on a minimum wage set 30 years ago and never adjusted for inflation.
- scarface74 6y agoThey aren’t suppose to - thus my proposing an increase use of the EITC.
- opo 6y agoNo, the last time the minimum wage was increased was 2009, not 30 years ago. The original federal minimum wage was .25 in 1938. If it had only kept up with inflation it would only be about $4.55 today. https://www.dol.gov/agencies/whd/minimum-wage/history/chart https://www.dol.gov/agencies/whd/minimum-wage/history/chart If you are actually concerned about helping the poor, then as user scarface74 points out, increasing EITC is a better approach than a minimum wage increase.