You can sample our mountain of commentary on minimum wages or the fight for fifteen here. As with all left-wing policy, their wage-hike rhetoric, when practiced, hurts the people they claim to be helping. Just ask these Target Employees.
Victims of one of the most Woke corporate footprints on the planet.
In a shocking display of actual journalism, CNN recently interviewed over 20 current and former Target employees who say that the gradual wage hike (their minimum is now $13) brought along with it less hours and, of course, less take-home pay. Why? Because Target started to look for ways to cut corners.
Target volunteered to screw their employees over based on the Left’s Demcorat Socialist rhetoric. Free from any real sense of how fixed costs impact a business (or shareholders). The result is one we’ve explained in detail without any of their so-called expertise?
Adding millions of dollars in new costs for the same output is a direct shot to the bottom line of any business. And if you want to stay in business, something has to give. If competition makes price hikes prohibitive, you have to cut into some other part of the operation. The easiest place is to cut hours to get the payroll totals back where they were before the arbitrary wage hike.
“I got that dollar raise but I’m getting $200 less in my paycheck,” said one, Heather, who started in November at a Florida store working around 40 hours a week. She’s now below 20 some weeks, she said. “I have no idea how I’m going to pay rent or buy food.”
Not their problem. The masters of the Utopian universe decreed that forcing minimum wages beyond the value of the labor would improve people’s lives despite there being zero evidence of this and reams of proof to contradict it.
Put another way, the leftists pander to working people to buy votes, then cost them their livelihoods and their benefits.
Beyond just a drop in earnings that Target workers who spoke with CNN Business have experienced, employees who average fewer than 30 hours of work a week during the year aren’t eligible to qualify for health insurance benefits through the company during annual enrollment season in the spring.
Fewer hours, less pay, lost benefits. And, most importantly, an exponential decrease in hiring for people who need minimum wage jobs to learn job skills they can then leverage into better-paying jobs they deserve.
Target gave away raises, and now it is costing the employees they were convinced they’d be helping.
Idiots.
And the New Hampshire Legislature is full of them.
| RedState