Joe Biden has promised to raise minimum wage as soon as he is in office. (If he can)
Why does he care so much about this?
It's artificial pricing for labor...will absolutely cause inflation and many jobs and businesses will go overseas because of it as labor is much cheaper there.
And where Joe (as does any Democrat) refuses to admit this is the goal...it very much is the goal. He is sending jobs overseas or at least over the border.
Also it gives labor unions another boost in the arm as they usually have contracts for labor that are based on the minimum wage.
The average family household in America runs off of two salaries making @ $45,000 US. for a total income of about $90K. But in certain areas there exists very low skill jobs like furniture manufacturing or assembly line type jobs...
Usually these low skill jobs are also environmentally unfriendly. (Leather tanning)
These jobs evaporate when minimum wage gets raised. Because if a widget costs $80 each to make in America it only will cost $11 each with overseas manufacture.
Of course these widgets will sell for the exact same price as always...And somebody else's front yard gets all the sludge from making it.
But also...the "somebody else" gets a job building it.
Much of the world $9,000-$12,000 US is a year's salary...they don't purchase as many commodities (consistent price around the world) as Americans on a consumer level. Because wages are so much lower. And where $9-12K won't buy luxury food and lifestyle...75% of the world lives on rice and beans of some sort...and is happy to have the job.
When there aren't any jobs the gangs rule the streets. Having to pay a bunch of thugs for the "privilege" to pick through garbage for anything of value to sell...
Now here in America the service jobs suffer the most. Automated Ordering and online ordering for fast food or retail goods help cut costs immensely.
If Amazon could get a robot to deliver your purchases...it would.
Concerts roadies and hotel cleaning staff suffer...so does the quality of service because higher forced pay doesn't equate to better service. A high paid moron is still a moron.
But the higher wages makes shipping go up, foreign policy becomes much easier too.
All your reasoning from a monetary standpoint may be well and good, other than the fact that the average household median income is not $90,000 per year but $65,000. This is after averaging in the 12 states where it is much higher.
According to the U.S. census info, it is closer to less than $55,000 for the vast majority of households. And at the bottom end of the scale, millions making minimum wage struggle to pay their rent, put food on the table and clothe their children. If both a man and wife each make $10 per hour, after taxes and SS, combined, they bring home about $30,000 per year. Not $90,000. $30,000.
You have looked at this as a 'business' decision but are we not supposed to look at it more as a decision affecting human beings that Jesus loves? Are we not to look at things just as God does? And if so, what does the Bible tell us God's opinion is on the matter?
"Whoever oppresses the poor shows contempt for their Maker, but whoever is kind to the needy honors God."
Proverbs 14:31
"Whoever is kind to the poor lends to the Lord, and he will reward them for what they have done."
Proverbs 19:7
"Whoever shuts their ears to the cry of the poor will also cry out and not be answered."
Proverbs 21:13
"The righteous care about justice for the poor, but the wicked have no such concern."
Proverbs 29:7
"Is not this the kind of fasting I have chosen: to loose the chains of injustice and untie the cords of the yoke, to set the oppressed free and break every yoke? Is it not to share your food with the hungry and to provide the poor wanderer with shelter—when you see the naked, to clothe them, and not to turn away from your own flesh and blood?
Isaiah 58:6-10
Why do you crush My people and grind the faces of the poor?” declares the Lord GOD of Hosts
Isaiah 3:15
And what did Jesus Himself have to say on this matter?
"If anyone has material possessions and sees a brother or sister in need but has no pity on them, how can the love of God be in that person? Dear children, let us not love with words or speech but with actions and in truth."
John 3:17-18
The middle class is slowly disappearing. A few are getting mega-rich while more and more fall through the cracks. Homelessness is about to take a huge jump, and it will not be drug addicts and alcoholics, or "thugs" and "morons" as you called them. They will be families, who love their children just like we love ours.
Make no mistake. Our Christianity is about to be tested as to whether we truly have the love of God shed abroad in our hearts.
So, what will we do when members of our own fellowships are homeless, and their kids are hungry? We had best think on this, for that day is fast approaching.
blessings,
Gids