The High Cost Of A Minimum Wage Future

Every day, workers compete in an ever growing labor pool for the same limited number of jobs, jobs they need to be able to survive in a time when the standard of living is going up. The competition only gets more intense when jobs can be exported to other countries or be outright replaced by automation that swaps cashiers with kiosks. In such an economic climate, people need more bargaining power to give themselves an edge up against the competition and sell themselves based on their individual needs and qualifications. While minimum wage policies sound appealing at first, minimum wage hurts people at all stages of their career and ultimately helps the wealthy and large corporations, which is why politicians push for it.

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