No Wage Increase Needed
The attempt to force a $15 per hour minimum wage on American business failed again this past weekend, but it’s no doubt going to come up again. Those who are convinced this is the answer won’t listen to attempts to try a more moderate increase, say to $11 per hour. For them, it’s up the wage by more than double, no matter the impact.
And it will be a huge impact on small businesses already struggling due to the pandemic. But not as much for the big chains…because they already pay far more than the minimum. And spoiler alert…that’s how things are supposed to work.
Costco has been paying $15, but announced it was going up to $16 an hour minimum. Why? To make sure they get good workers, and since to many competitors were at $15, they wanted an advantage.
Hmmm…a business paying good people a better wage in order to have a better business. That’s not in the progressive playback.
For what it’s worth, Walmart starts many of its people at $15 per hour these days, with team leaders at $18. Kroger grocery stores have been at $15 for three years. Target is at $13, with the goal of getting to $15. Amazon has been at $15 for a couple of years. CVS Health went up to $11 three years ago and more since, based on location.
You get the idea. And why is big business in favor of a bigger minimum wage? Because they already pay it, and because it would further cement their grip on the market, making it even harder for small business to compete.
Interesting, but accurate, way to look at it…progressives want a much higher minimum wage, and so does big business. Anyone suspicious?
Tomorrow, we’ll talk about why a national minimum wage is an idea that has outlived its orginal purpose.
