Sign in to follow this  
Followers 0

Target accidentally proves the case against the $15 minimum wage

1 post in this topic


Brad Polumbo

October 14, 2019

In 2017, the retail giant Target made headlines for announcing plans to gradually increase its minimum wage to $15 an hour. Naturally, the company won widespread liberal plaudits for its supposedly pro-worker stance. Years later, though, the wage rise has led to nothing short of a disaster.

New reporting from CNN Business reveals that many of the Target employees who were supposed to benefit from the minimum wage increase have actually suffered from reduced hours and increased automation. This is, of course, what conservative critics of the #Fightfor15 have often predicted — and in line with basic economic theory, to boot.





Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  
Followers 0