Only .0333% Of American Workers Make The Minimum Wage
Give America a pay raise? Hardly.
...the total number of people who earn minimum wage for an entire year is roughly 450,000, of a workforce of about 135,000,000. One third of one percent. One in three hundred workers.
Let me repeat that: 0.0333…%.
To raise the minimum wage across the board is the equivalent of killing a cockroach with a howitzer. Sure, it’ll take care of the problem, but would you want to live in the now-cockroach-free crater?
I don’t even think minimum wage solves any problems. Sure some low-wage workers get a raise, but others lose their job. It’s a statistical fact, as proved by figures from the Department of Labor, that as the minimum wage goes up so does unemployment rates among low-skill workers:
So how does the minimum wage help? Some get a bit more wage, others lose their jobs. That doesn’t sound like a fair deal to me.
