re: #336 MsJ

You think a $15 minimum wage is excessive? Adjusted for inflation it is almost exactly where the minimum wage was set at the last increase…which was, what…the 80s? I won’t get into the whole college thing but I think there are things that could be done to give more people opportunity for higher education without putting them tens of thousands of dollars in debt before they even start their self-supporting lives.

You can’t simply dismiss it.

$15 an hour will help lift all wages. A more educated population is one that can complete globally. It’s not all pie-in-the-sky. Bernie’s plan was, but the concepts are not.

That’s a 107% increase from present. That exceeds the median wage in Louisiana. There ain’t no way the state’s employers can handle that much of an increase. The record high for the minimum wage was about $10.60 in current dollars in 1968, with a 4% unemployment rate and hundreds of thousands of young men in Vietnam, and hence a VERY tight labor market. We don’t have that situation now.