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"Reducing poverty" is a good reason, which is why minimum-wage advocates talk about it. But the real reason minimum-wage advocates want to increase the minimum
by erichocean 13y ago
"Reducing poverty" is a good reason, which is why minimum-wage advocates talk about it.
But the real reason minimum-wage advocates want to increase the minimum wage is to increase the pay of union members, who's pay is indexed to the minimum wage.
That's the voting block that matters to politicians, not the near poor, who barely vote and certainly don't have the time (or skills) for political activity (unlike the unions).
- crdoconnor 13y agoUnions haven't mattered to politicians in decades. However, corporate lobbyists do - they largely control Congress and the executive branch. Wanna know why they're against a higher minimum wage? Because it's inversely proportional to their profits.