Can a Higher Minimum Wage Lower Your Quality of Life?
Workers Who Get a Boost in Pay Might See a Reduction in Government Assistance
Will you actually be richer when your pay is raised to $15 per hour?
Perhaps the question seems ludicrous. Of course you’re better off making $15 an hour than you were at $9 per hour, right? But the answer is, unfortunately, not as obvious as you might think. And the question itself–will workers getting a raise be better off?–has been missing from this fall’s white-hot debate over efforts in San Francisco and Los Angeles to establish $15 per hour minimum wages.
Instead, in California we’ve seen the same old tired arguments …