Article from Reason by Eric Boehm.
Under pressure from activists, Target announced in September 2017 that it would hike wages for all 323,000 employees to at least $15 per hour by 2020.
This was a major victory for the “Fight for $15” movement—a win that was supposed to have repercussions for retail and fast food workers everywhere. “Our momentum is unstoppable,” a Minneapolis Fight for $15 organizer told Common Dreams.
Two years later, the story is pretty different.
“I got that dollar raise but I’m getting $200 less in my paycheck,” a Target employee named Heather told CNN. Heather’s hours have been cut from about 40 per week to around 20, she explained.
Read the entire article at Reason.
Image Credit: By Fibonacci Blue from Minnesota, USA [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
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What did they expect? people do not think things through. Even I know that a business has to make money to survive. When people want more money it has to come from somewhere. So you cut hours and hire more people to fill in the gaps. Or they just shut their doors for good. The government just raise your taxes and look for more things to tax or fees to raise.
Wait!! I thought that Target was a progressive, Limpie company!
“Target became the latest in a recent flurry of retail chains to ban guns in its stores.”
Heck, they can a get jobs at Mc Donalds!
McDonald’s is moving more toward automation. Be careful what you wish for. It may have unintended consequences.
Millennials are so stupid. They forget to get an education and instead opted for the lefts indoctrination’s. How do you like it dummies making a dollar more and hour but making $200.00 less a week? It’s called economics and once a gain you have been taken for the lemmings you are. WAKE UP the radical left is not out to help you, they are out to make you their subjects.
These people are not overly bright. You cannot fix stupid.
You always get what you deserve whether or not you understand it.
In general, the public is stupid. Anyone with a lick of common sense knows that minimum wage is a farce. All providers of services and products do is raise their prices. How dumb! Why not just raise the wage to $100 per hour? Or, any number you want. You will still be just as poor as before.
So time to automate the schools? We’ll save a lot more than 15 bucks an hour. Economics 101.
It is not a surprise to anyone that has any knowledge of economics, which is why they don’t teach economics in public schools.