The push for a Minimum Wage increase is not solely a progressive cause. However, it has been largely pushed by Democrats/progressives under the $15/hour catch phrase.
Once a far-fetched idea, today, the $15 Minimum Wage is almost a foregone conclusion. When. Not if. Latest here.
Now it also shouldn't take rocket science anymore to figure out that once a progressive goal is achieved. A new goalpost is established minutes later. And that new goalpost-- whatever it might be-- has to be accomplished right away or we are all the worst kind of Neanderthals to ever roam the planet.
So.... it stands to reason that should a higher minimum wage get established.... well... progressives won't be happy the next morning.
So what would come next?
Why would workers then 'settle' for $15 per hour? Or... once you go a couple weeks or months happy on $15 per hour... what do you do then? It's not enough. There is never enough money.
A natural step would be to get the minimum wage increased even further.
Or, regular government 'stimulus' checks. Or the emergingly popular "Universal Basic Income" (UBI). Why do we have to work for the $15/hour? Can't we just all be given money... for nothing? Mark Knopfler wrote the song in 1985! Here. More brilliant and visionary than an economist?
What could top any any all of that?
What about a "Maximum Wage"? Or a "Universal Wage"? Everyone gets $15 per hour. You show up for your job and you get $15 for every hour you are there.
NBA Basketball player? Corporate CEO? President of the United States? Waffle House late night staff? Bar tender?
Yeah, this is just crazy talk right now. Well a lot of things that were crazy talk just 5 years ago. Nationwide.
Excerpt from forthcoming revised version of (Financial Fair Hope: Decentralization and Democratization of the Distribution of Money here) book to be released in 2021.
