Minimum wage
mercredi 10 février 2021 à 01:00Economists dispute whether raising the minimum wage to $15/hr would increase the national debt or decrease it, but either way it qualifies to be included in budget reconciliation.
Even a rather unfriendly analysis found lots of benefit.
In terms of the public good, increasing the deficit by $5 billion/yr is hardly significant when compared with the benefits of increasing the minimum wage. However, if the minimum wage does not apply to gig workers, it is not doing its job.