Re: doom
Carrol Cox wrote:
A question. Minimum wage is one of the areas where an incremental approach has meant a steady lowering of the minimum wage over time. The cost of living goes up (arbitrary not real figures) 2%, the minimum wage goes up 1% (to much boasting from DP supporters), and meanwhile the cost of living has gone up another 1/2%. Total cut of 1.5% in minimum wage. (And this, of course, constitutes a drag on the entire wage structure: it is a transfer of wealth from the whole working class to the whole capitalist class.)
Is there any conceivable program in this area which could give it the appeal and political power of universal (cross-class) programs?
Raising the minimum wage significantly - not by pennies but by dollars - and indexing it to inflation has massive approval in the polls - in the 70%+ range.
Doug