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Congress has a least two goals: to win re-election and to increase the income of US workers, even in the private sector.
To look charitable, a Member might support increasing the min wage, claiming it will raise average wages - even though min wage is paid to fewer than 1 million workers among the 140 million employed in the USA.
Yet every labor economic study ever done reports that min wage increases slash job opportunities for unskilled and minority workers. A worker WILLING to take job below the min wage just can't have it, so he get no job, effectively lowering average incomes.
What else can I help you with?
What was one of Truman's goals as president?
Unification of the armed forces and the strengthening of the economy of the US were some of the goals of Truman as the president.
How can an increase in the minimum wage might involve a conflict of goals?
An increase in the minimum wage can create a conflict of goals by aiming to improve workers' living standards while potentially leading to higher unemployment rates. Employers may respond to increased labor costs by reducing their workforce, cutting hours, or raising prices, which can negatively impact job availability and inflation. Additionally, while higher wages may benefit some workers, they can strain small businesses and lead to unintended economic consequences. Balancing the benefits of increased earnings with the potential drawbacks requires careful consideration of the broader economic context.
How does an increase in the minimum wage involve a conflict if goals?
An increase in the minimum wage can create a conflict between the goals of improving workers' living standards and maintaining business profitability. While higher wages can enhance workers' purchasing power and reduce poverty, businesses may respond by raising prices, reducing hours, or cutting jobs to offset increased labor costs. This tension can lead to debates about economic equity versus market sustainability, as policymakers grapple with the potential benefits for workers against the risks of job loss and inflation. Ultimately, finding a balance that supports both workers and businesses remains a complex challenge.
What are legal system goals?
to increase butt increase
What are the primary and secondary objectives of research?
The primary objectives in research involve the tasks that you must follow to achieve your goals. The secondary objectives involve the tasks that are desirable but not required to achieve your goals.
What football player scored the most goals?
. Emile Heskey with 1000000000000000000 and a minimum of 10 goals per match
What are the goals of the NCO development program?
Increase and Sustain
How can friends family members or teammates increase the likelihood of you reaching your goals?
Friends, family members, or teammates can increase the likelihood of you reaching your goals because they can keep you motivated.
What are the goals of macroeconomics?
to increase the production of the economy and manage them as a whole.
What were the main goals of the conquistadores in the Americas?
increase the wealth of Spain
What are the mint goals for this project?
The main goals for this project are to increase efficiency, improve quality, and achieve customer satisfaction.
What are the main goals of saving and investing?
For most people the main goals of saving and investing are to increase the amount of wealth a person has.
