One of the most persistent lies peddled by right-wingers and neoliberals alike is that any raise in the minimum wage, much less the very existence of the minimum wage, costs jobs.
It flies in the fact of common sense. The more money people have to spend, the more money that is pumped into the economy, which in turn creates jobs, which in turn creates more demand, which creates more jobs.
Our problem in the economy is because nobody has any money to spend, there is no demand, and because there is no demand, few or no jobs are being created. This is a result of deliberate policies designed to force wages downward to third world levels.
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The Good Die Young: James Dobson (1936-2025)
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