A few extra bucks won't mean anything? A few extra bucks to a guy making $12 is a 25% wage increase.
The facts are the wage gap, the wealth gap, has widened to more than that of the days of the robber barons.
And we have a government that advocates tax cuts and bail outs for corporations, under the guise of trickle down economics, but is against paying Americans a fair wage.
Trickle down economics doesn't work. It doesn't stimulate the economy.
It leads to (stock) buy backs and execs and share holders reaping the benefits. The money accumulates and sits.
Wage bumps for the lower classes directly lead to economic growth.
The notion that raising minimum wages will wipe out small businesses is a myth.
Corporate lobbyist sell a narrative that raising minimum wages will ruin the economy, the politicians they control run with it, and the sheep eat it up.
VERY well stated, Mr. Stu! Could not possibly agree with you more on those points!
Additionally, it's been reported often the past 3 years that about 40% of our citizens DON'T have access to $400 in an emergency, and I believe that. (Obviously that percentage is far worse now and will be for many more months, perhaps YEARS, to come) Too many US citizens live paycheque-to-paycheque...yes, many from their own fault, though certainly not their preferred choice - and I am not about to "blame the victims," although I am certain many of the arrogant "haves" will.
As you correctly alluded to, trump's infamous tax cut FAILED...because it backfired when most corporations chose to use their "trump windfall" for stock buybacks - NOT the hoped for moves to spur investments in new products or innovations or research; and NOT for the hoped for INCREASE in wages to workers - which as STu correctly points out - any non-partisan economist will agree is what spurs growth! We get money into the hands of consumers and THEY SPEND IT...which is a GOOD THING for our economy!...It's often referred to as "discretionary spending"....as a result our local businesses thrive!...so THEY make money too!....and THEY spend!...all of which leads to productive growth. Everybody happy!! But it starts with getting money (for discretionary spending) into the hands of 325 MILLION "spenders" - not the 6 million already wealthy.
OR, the other alternative (called the trump-Republican "trickle-down" plan) is to give generously to the top 1% and *HOPE* the greedy wealthy elite might share some of that windfall wealth by creating a bunch of new $8.25/hr minimum wage jobs for the multitudes, and thereby lowering the all-important UNemployment stat - by which we are told by conservatives is "supposedly" the key measuring stick of government performance.