April 13, 2021
April 13, 2021
A case for a $15 minimum wage
Ohio’s minimum wage is too low to cover the basic cost of living, and does not reflect the value of work being done by Ohioans in low-paying jobs. At the dawn of the pandemic Ohio workers had made the state wealthier than ever, while their employers managed to rig the economy over four decades to keep more of the gains themselves. In the 40 years from 1979 to 2019, median wages grew 3.9% while 10thpercentile wages grew 1.6%.[5] Since its peak, the minimum wage has lost more than a quarter of its value.
Everyone deserves the chance to lead a healthy life; those who work deserve a wage that dignifies their contribution and covers the basics. Low wages have serious consequences for all Ohioans. Living in poverty creates chronic stress that shortens the lifespan of those who cope with it.
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On November 29, 2012, dozens of fast-food workers assembled in midtown Manhattan to demand better pay. Their demonstration kicked off a massive wave of protests for a $15 minimum wage. Since then, cities and states around the nation have taken action. And now, the federal government, led by President Biden and a Democratic-controlled Congress, has begun to consider making the $15 minimum wage national.
McDonald s is one of the nations biggest employers of low-wage workers. As such, it was kind of the perfect place to launch what was, in retrospect, the beginning of an historic labor movement. A by economists Orley Ashenfelter and Štěpán Jurajda suggests McDonald s is also kind of the perfect place to test the effects of the minimum wage increases that workers have been fighting for.
PolitiFact s ruling: False
Herre s why: President Joe Biden’s proposal for a $1.9 trillion economic rescue package calls for more than doubling the federal minimum wage, which was last raised over a decade ago.
The plan has stirred up online chatter about the impact of a proposed $15-an-hour federal rate, with one conservative commentator warning that it would send prices soaring. If you want $15 minimum wage, don’t complain when your Taco Bell order costs $38 for a burrito, said Jordan Rachel, a Turning Point USA contributor, in a Jan. 16 tweet.
Business groups have long opposed sharply higher minimum wages on the grounds that they would hurt employment and raise consumer prices.