Tag: minimum wage
On jobs
These tweets are simply ignorant. People don’t take the time to even think one step ahead these days. If jobs exist that don’t pay a…
Can minimum wage workers afford a two-bedroom apartment?
As it turns out, yes they actually can, in every state. If you look at whether there is a 2 bedroom apartment within the price…
The Lefts Voodoo Economics on the Minimum Wage.
Rep. Ilhan Omar and many other left-leaning think tanks and operatives are repeating the talking point that 27 million workers would receive a wage raise…
Why is AOC touting Marx’s defunct Labor Theory of Value?
Alexandria Ocasio-Cortez recently said “No one ever makes a billion dollars. You take a billion dollars.” When asked to elaborate she explained that billionaires do…
No, productivity is not divergent from income.
You may have seen the below chart arguing that worker productivity has increased, but their compensation has not kept up. However, after looking closer into…
ObjectoBot Original: How minimum wage works
How minimum wage works, updated for inflation lol. This was the original.
Amazon raising starting salary to 15$ per hour only helps those whose productivity justifies that wage.
Amazon just committed to raising the starting salary for all employees to 15$ per hour. What is the economic impact of that decision? The answer…