Occasionally, when I know I am going to be home alone in the evening, I like to go through the drive-through at KFC and pick up a light meal. It’s always the same. A two piece meal, original, with coleslaw and potato wedges.
That’s what I did today. When I got to the window, the clerk told me $8.39. I hesitated. I had eight dollars in my hand, prepared to pay the customary $7.76. Puzzled, I asked him to repeat the order. He did. “Did the prices go up?” I asked. “Yes, minimum wage went up at the beginning of the year.”
I have been a consistent opponent of the minimum wage craze in these pages, and here is a more recent post to that effect.
I don’t mind paying 63 cents more for my two piece meal, not at all. I don’t mind that the worker that serves me my order is making more money now on the minimum wage scale. But look what happened: The price went up. So did the prices of groceries, clothes, utilities, all to offset the additional minimum wages the companies now have to pay to their employees. Those employees now have to spend more on the things they buy, just like I need to spend more. This is called INFLATION.
Wages go up, prices go up, wages go up, prices go up. The fit companies innovate and replace humans with automation. Prices go up more.
The poor worker behind the counter is in the same position he was in before.
Bernie Sanders says that “everyone deserves a living wage!”
Some people have no skills, no work ethic, no drive, and no education. They do not “deserve” the same wage as those people who work hard in school, get an education, and provide better services in the jobs they have, who do quality work, don’t call in sick every other day, and overall make themselves more useful.
Minimum wage increases are stupid, counterproductive, cause inflation, and do not help the workers at the minimum wage level.
Are you listening, Bernie?