10 Consequences of the $15 Minimum Wage

Repeat something often enough and it goes from being an idea to dogma. This is the case of the repeated calls for a massive hike in the minimum wage to $15.00 / hour. Did employees of minimum wage start this? It would certainly lend credence to the authenticity of the demand, if it had. But, who started the $15 minimum wage demand?

In an effort to champion the worker, Democrats started the $15 minimum wage hike rhetoric. The problem was that, then candidate Trump, successfully rescued workers from the Democratic party. Where the democrats conceded that manufacturing and blue collar jobs were gone forever, candidate Trump waved his magic wand, as president Obama called it, and blue collar jobs appeared and the blue collar voters flocked to the republican party.

Of course, follow any money and politics isn't far behind. So the $15 minimum wage rhetoric is the last attempt by the democratic party to wrestle away workers from the republican party.

And it has some great strategy to it. Minimum wage workers aren't blue collar. A lot of Hispanics aren't blue collar, because they're mostly unskilled workers. So you basically kill two birds with one stone.

The problem is that this strategy isn't well thought out. Because, there are consequences to trying to actually raise the minimum wage to $15.00 / hour, versus just talking about it, which a lot of states are now actually doing.

10. where minimum wage is supposed to be paid to unskilled workers with no work experience, $15.00 / hour raises it squarely out of the unskilled market and into the skilled plus experienced market. So as a consequence, workers with no skills and no experience are fired and can't get hired.

9. because the jump to $15.00 / hour is so steep and quick, entire staff rosters are being fired and a much better caliber of worker is hired.

8. in the absence of employees who cannot make the company over and above the $15.00 / hour price tag, owners are now putting in double and triple shift hours in their business.

7. for owners who cannot make up the lack of qualified employees with more time, the business is shut down.

6. entire sectors of the market is being shut down, because that sector operates on a very tight profit margin and a big hike in labor cost like this, is too much.

5. as democrats look to score points with Hispanics, they forgot about unskilled Black workers, who are systematically and historically fired at double the rate of everyone else, so Black voters are turning to the Libertarian party or republican party.

4. as democrats hang their hopes on Hispanic voters, Black voters, who are in direct competition with Hispanic unskilled workers are causing even more competition as the market to hire and fire unskilled workers heats up and Blacks are left out in the cold. Entire neighborhoods are shifting from Black to Hispanic almost overnight, in democratic majority run cities around the country.

3. due to the great depression under Obama, Blacks who were fired were motivated to not seek more jobs, but to open more businesses, at a rate of double that of all other groups. Black business starts dominated the cycle in Obama's second term in office. Unfortunately, these businesses were heavily businesses that operated on a thin profit margin and as the $15.00 / hour labor cost skyrockets, so do Black businesses closing their doors.

2. in areas where the $15 minimum wage has already been implemented, businesses have raised their prices. So these businesses are mostly lower end businesses that minimum wage workers go to and they can't afford the price hikes. So instead of a salary boost, they are now in a city where they can't afford anything.

1. because this $15 minimum wage hike has come on so fast, the salaries of managers and superior staff has had to change, where paying the head restaurant manager who was making $15.00 an hour, now has to be paid $40 or more an hour and that goes down the roster with the lead cashier, assistant manager, etc. which means rate hikes for everything, in businesses that aren't low end, creating an environment where even mid level workers are now having to go without. And, because government workers are literally paid on a percentage of the minimum wage, their salaries go up, which then means city taxes and state taxes have to go up. Now the 1% are impacted, since they pay most of the taxes.