Biden wants to duplicate the minimum wage in the United States

Duplicate the minimum wage to earn millions of benefits from poverty. Joe Biden’s ambitious proposal, which is under the auspices of the legislators, could result in a social revolution for the poorest of the United States, a country with flagrant socio-economic disparities.

“Including antandema of the pandemic, the minimum federal salary of $ 7.25 (per hour) is economically and morally unpredictable“, said Virginia Legislature Democrat Bobby Scott to present his bill.

I have not changed my mind since July 24, 2009.

Although very popular among the people – including in the Republican Party – and supported for more than one decade by the unions, the initiative shocked the opposition of the Republicans to the pressure of the lobbyists to reduce the additional costs .

“No ideal radical”

“This is not an ideal radical,” said Bernie Sanders, a progressive presidential candidate who estimated $ 7.25 as “hamber salaries.”

“In the richest country in the world, working 40 hours a week, we do not have to live in poverty”, the Vermont senator insisted on encouraging the project and hopes to convene the skeptics.

The economic crisis provoked by the coronavirus pandemic mainly affects smallpox companies, especially in the gastronomic sector and services. For this reason, estu ves con buenos ojos estuesta is included in the gigantic plan of rescuing 1,900 million dollars.

The Vice President of the National Federation of Restaurants (NRA), Sean Kennedy, has added a new welcome to the project, especially because it has the obligation to pay this minimum wage in its entirety, Independently of the proposed taxes to the customers. These jefes are allowed to pay only the employees of the three dollars when these famous “properties” fill the net of the 7.25 dollars.

It means “insurmountable costs” for many establishments that do not tend to have more remedies than to despise or more definitely close, according to Kennedy.

The new secretary of the Treasury, Janet Yellen, responds that “increasing the minimum wage will increase poverty by the tens of millions of estates and will create opportunities for countless small businesses throughout the country”.

Everything depends on how it is implemented, argued, with a gradual increase (15 dollars for 2025) that is “sufficient time to adapt”.

Is it bad or bad for the economy? This debate has been going on for some time now between the economists and has not resulted in anything but economic reality is not the issue in New York (many opportunities, high cost of living …) or in Mississippi (economic deficit is lower, vida mucho más barata …).

A virtuoso circle?

For Joe Biden’s administration, move away from the virtuoso circle: pay for those with the highest salaries generated by millions of dollars in additional consumer goods and services tailored to small businesses.

In 2019, 1.6 million workers will receive equal or lower wages at the federal level, is, 1.9% of all paid workers on time, according to the United States Statistics Office.

This is a small number because the minimum wage, introduced in 1938 by the President Franklin Roosevelt during the Great Depression, was converted to theoretical time.

If well the states of the south and the center generally apply the minimum wage, the ones and the risks like California he offered a much higher rate: 12, 13 or including 15 dollars.

And big deals like the Amazon retail giant and the Starbucks cafeteria chain are paying $ 15 to attract money.

The salary of Maggie Breshears, employed by the Fred Meyer group in Seattle, ascends as much as $ 17.59 up to $ 10 in 2013.

“When you can provide an algae job, you pay a decent living wage”, opina.

¿Por mayor simple?

A refund of $ 15 per hour by 2025 will increase the salaries of 27.3 million people and pay for poverty to 1.3 million families, calculated by the Office of the President of the Congress. But it is also estimated that this will provoke the loss of 1.3 million jobs.

For Gregory Daco, Oxford Economics jefe economist, more about the potential impact, the proposal illustrates the social change deseado deur Joe Biden.

This “confirms the willingness of an administration to center more on social and racial inequalities that have provoked strong tensions this year” during the administration of the Republican magnate Donald Trump, subraya.

The proposal will be difficult to approve, including the Eastern Democrats’ majority in both chambers.

Without embarrassment, Bernie Sanders has mentioned the possibility of recourse to a device to ratify the law by simple majority.

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