Fallacy Of A $15 Minimum Wage

I urge you to watch the two videos below, because they are absolutely dead-on accurate.

I am retired now, but after college graduation I worked in the high-tech arena for most of my career. Along the way, I did product planning and strategic planning, so I understand how and why new products are developed. Believe me, an inflated minimum wage will result in computers and robots replacing workers.

Don’t be fooled by self-serving politicians that will say and do anything to get re-elected.

  • Entry level jobs are where you learn skills and are NOT intended to provide enough income to support a family.
  • Politicians are playing to ignorant peoples hopes instead of telling them the truth.
  • If you raise the minimum wage for low, or no-skill jobs, the jobs will be eliminated or replaced by automation. It is already happening with the introduction of kiosks in fast-food restaurants.

 

 

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