BJG had a big effort on "min. wage - $15" -- but some cities have tried it in reality. No big decrease in poverty. Problem - no increase in the number of jobs for poor people.
Glenn was weak about no pushback on jobs -- the big reason against higher min. wage. Why not $20, $30, $50/hr? Because of fewer jobs.
Poor people need MORE jobs. More jobs for low IQ folk, for disturbed, for those with lousy educations, lousy parents, lousy neighbors; those who live in high crime areas, those who live in areas with low marriage rates / high rates of kids with unmarried parents.
10 jobs at $10/ hr is far better than 6 jobs at $15, even tho it's close in terms of money.
Think of the poor kid from the Jordan Peterson talk, think of Forrest Gump. Nothing is as helpful to most poor folk as a job ... except a better job.
BJG had a big effort on "min. wage - $15" -- but some cities have tried it in reality. No big decrease in poverty. Problem - no increase in the number of jobs for poor people.
Glenn was weak about no pushback on jobs -- the big reason against higher min. wage. Why not $20, $30, $50/hr? Because of fewer jobs.
Poor people need MORE jobs. More jobs for low IQ folk, for disturbed, for those with lousy educations, lousy parents, lousy neighbors; those who live in high crime areas, those who live in areas with low marriage rates / high rates of kids with unmarried parents.
10 jobs at $10/ hr is far better than 6 jobs at $15, even tho it's close in terms of money.
Think of the poor kid from the Jordan Peterson talk, think of Forrest Gump. Nothing is as helpful to most poor folk as a job ... except a better job.