Monday, December 9, 2013

Why I Favor a Minimum Wage of $12.50

"I favor a $12.50 #minimumwage because worker productivity increases every year (primarily due to #technology advances), but businesses do not tend to share this benefit to general efficiency with low-end workers. In other words, each year that the minimum wage does not increase, #businesses are essentially pocketing the profits from low-end wage earners’ increased productivity. A $12.50 minimum wage would share the #productivity gains of recent years with low-end wage earners." - Santi Tafarella The way to increase wages within a sustainable model is through implementing a #LivingIncome Guaranteed model in the US and around the globe. #basicincome

via Facebook http://santitafarella.wordpress.com/2013/12/08/why-i-favor-a-minimum-wage-of-12-50/

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