Seniority and Skills Not Worth Anything; Unhappiness Spreads With Minimum Wage Hikes

by Mike ‘Mish’ Shedlock
Mish Talk

Unhappiness is spreading with minimum wage hikes.

Those on the job for a few years complain to deaf ears that they deserve more than new hires who don’t know the ropes.

Some think this is an unforeseen consequence. I see at as a planned consequence.

The Wall Street Journal reports Push for $15 Raises Pay—and Tensions.

The growing push to raise the minimum wage to as much as $15 an hour is creating new issues in the workplace: While some of America’s lowest-paid workers will get fatter paychecks, their veteran colleagues may feel underpaid.

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