Thursday, February 25, 2021

American Families Would Pay Up to 43% More for Child Care Thanks to Biden's $15 Minimum Wage

Increasing the federal minimum wage to $15 may be sold as a way to lift Americans out of poverty, but really it's just another attempt to break the economy and spread the misery - just like every other Democratic plan.

According to Rachel Greszler, a research fellow in economics at the Heritage Foundation, a minimum wage hike would force families already struggling to pay more for daycare.

The minimum wage increase is especially burdensome because the child care industry is highly regulated and not easily automated, leaving few options for reducing overhead expenses.

Still, Democrat politicians are supporting - nay, demanding - the minimum wage increase.

The House will pass President Biden's Covid relief bill on Friday, including $15 minimum wage.

Two-thirds of Americans support raising the minimum wage to $15 an hour.

You cannot tell me that raising the minimum wage to $15 an hour is a radical idea.

https://thefederalistpapers.org/us/expert-american-families-pay-43-child-care-thanks-bidens-15-minimum-wage 

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