Will Republicans Prove Chuck Schumer Right?

Sen. Charles Schumer (D-NY) 9% predicted that within six months, Republicans would cave on raising the minimum wage to $10.10 per hour from the current $7.25 per hour.

“There are lots of different areas where we can compromise,” Schumer said.

$10.10 is important for one reason, and very important to us, which is, it’s the bare minimum you work 4o hours a week, you get out of poverty.  Our fair shot agenda, why we push minimum wage, you should have a fair shot at getting out of poverty if you work 40 hours a week.  

He continued:

We’ve told our Republican colleagues, we want to negotiate.  But I’ll make a prediction here.  Just like unemployment insurance, they know they’re on the wrong side here.  We’ll get a deal on minimum wage within the next six months. 

When asked about one of the main reasons for Republican opposition to raising the minimum wage — that doing so will eliminate many minimum wage jobs — Schumer simply responded that “the economists are on both sides of that,” and a lot of “money will be pumped into the economy” when the minimum wage is increased.

He brazenly neglects several other critical considerations, to the detriment of low-skilled workers:

  1. The minimum wage has followed the productivity of minimum wage jobs.  Increasing the minimum wage as liberals have proposed would force employers to reduce jobs and increase prices.
  2. Few people actually raise families on a minimum wage job. The ‘fair shot’ talking point sounds nice, but in actuality, the minimum wage increase would merely prevent unskilled and inexperienced workers from getting a start at the bottom of the economic ladder.
  3. Teenagers, not single parents, comprise the majority of minimum wage workers.  Increasing the minimum wage would simply mean fewer employment opportunities for poor families.
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Will Republicans cave and prove @SenSchumer right?

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A minimum wage increase would eliminate hundreds of thousands of jobs. Liberals don't care.

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2 thoughts on “Will Republicans Prove Chuck Schumer Right?

  1. The more you increase the min. wage, the more the cost of living goes up. Do away with the min. wage and let the market dictate how much you will be paid. Those who work hard wil be paid more, those who sluf off won’t make as much.

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