wow, i didn't know they've resorted to craigslist for muckrakers.
The interesting thing about the $15/hr for fast food workers movement if how the numbers really stack up. I did a few calculations on my own, taking into account the current social welfare programs out there(EIC, food stamps, section 8 housing, heating bill assistance, reduced cost or free school lunches, obamacare subsidy, etc.) What i found in alot of cases, if an individual moves from $8/hr to $15/hr, they are no longer a recipient for most benefits-they become what is known as a TAXPAYER(federal & state income tax, FICA, health insurance premiums).
When you run the numbers in alot of scenarios, a person's take home after taxes and benefits, it turns out to be pretty much a wash, in some cases it comes out to the negative for the $15/hr crowd. This is BEFORE taking into account the inflationary and increased consumer costs associated with a $15/hr minimum wage-taking that into consideration, it becomes a big negative for any potential advantages. To the worker currently at or around minimum wage, $15/hr sounds wonderful, but to most of them, paying taxes is somewhat a foreign concept, so it's an easy sell-until the simple math takes over.
All in all, if this whole $15/hr minimum wage were to become a reality-here's how it stacks up: consumers=losers, employers=losers, employees=losers, government=winners(less benefits paid out, more tax $ in). Everybody is equally broke! sounds alot like socialism to me.
