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'The world has changed': The scrambled new politics of the minimum wage

The world has changed : The scrambled new politics of the minimum wage
Alex Seitz-Wald
© Provided by NBC News
WASHINGTON Bernie Sanders, Josh Hawley and Amazon don t often find themselves on the same side of an issue.
But years of stagnant wages that have failed to keep up with living costs and the political realignment spurred by Donald Trump are bringing together more than just Sanders, the independent senator from Vermont; Hawley, the Republican senator from Missouri; and Amazon, one of America s biggest businesses.
The politics of the minimum wage have been scrambled, dividing the business community and making strange bedfellows out of populists on the right and the left. ....

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Here's why large corporations support increasing the minimum wage

Daily Caller reports:
Large corporations have endorsed and lobbied for a $15 federal minimum wage in recent years, but while they can afford such a policy, small businesses would be harmed, multiple studies have shown.
“More than doubling the federal minimum wage is one of the policies that would threaten the fragile small business economic recovery,” said National Federation of Independent Business Vice President of Federal Government Relations Kevin Kuhlman.
The $15 minimum wage would result in 1.3 million workers losing their jobs, a 2019 Congressional Budget Office report estimated.
Large corporations have endorsed and lobbied for a $15 federal minimum wage in recent years, but while they can afford such a policy, small businesses would be harmed, studies have shown. ....

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