by Nate Madden
Bernie Sanders has some well-earned egg on his face after he cut campaign employees’ hours in order to meet their demands for a $15 an hour wage.
The move isn’t surprising to anyone with a basic grasp of how economics works. Mandating a higher wage doesn’t mean that the resources to pay for it are magically going to appear. It’s the same reason why the Congressional Budget Office predicted that the recent $15 minimum wage bill passed by the House could kill almost 4 million jobs. (It also might just be why a 2017 report found that pro-wage-hike politicians still like using unpaid intern labor.)
But this debate isn’t just theoretical or contained to Washington, D.C.; jacked-up forced minimum wages have cost people their jobs all over the country in recent years. Here’s just a small sample of the mountain of evidence that could have saved Sanders from this latest embarrassment: Read the rest HERE.
Related story: Tlaib Ups the Ante, Calls for $20 Minimum Wage