Agreed. I mean our GTAs went on strike once and I spoke with some of them. The Econ, computer science and math GTAs all got paid well. It was other departments that suffered.
Makes people feel better. Minimum wage leads to unemployment and/or smaller job markets. There are a couple studies contesting this but they are disingenuous. The only reason economist are not unanimous as they used to be is because they realized that they were funded by politicians and that being outspoken made them less likely to get fundings as well as disliked by other campus colleagues.
Minimum wage is one of the most institutionally racist policies we have today. Pricing floors were first implemented to exclude black job seekers from undercutting white job seekers in bids for work.
I mean it’s definitely something which can be verified, it’s just hard to cut past the establishments propaganda. If you look at places like Seattle though, everyone agreed there was an increase in the velocity of money. IE Inflation
minimum wage is a bs trap and a myth solution to a problem. Living wage varies location to location. We need to figure ways to increase peoples market value.
Yes, my only caveat is that we are killing small and middle tear business. monolithic companies are buying up everything creating a narrow market place to sell labor.
