10 REASONS TO FIGHT FOR A $15 MINIMUM WAGE
1- 47 million people (including 1 in 4 children) live in poverty in the richest country in the world and it’s not because they don’t “work hard” (if you’ve ever worked a low-wage job you know how physically demanding and degrading they are), it’s because the ruling class needs to keep millions of people impoverished in order to remain the 1%.
2- $450 billion would be injected into the economy EVERY YEAR if the minimum wage was raised to $15 an hour.
3- The average hourly wage for downtown retail and food service workers in Chicago is $9.34 while the average hourly pay for the CEOs of those stores and restaurants is $6,000. So the reason why they’re rich is because they keep their workers (whether in Bangladesh, Guatemala, China, or Chicago), the ones whose labor ACTUALLY produces the profits, in poverty.
4- If the minimum wage had kept up with the increase in worker productivity, our minimum wage today would be $22 an hour. Why is it not? Because corporations spend millions of dollars every year lobbying congress to keep the minimum wage stagnant so that their profits soar.
5- Raising the minimum wage to $15 an hour won’t raise the cost of housing/commodities/etc because the Federal Reserve does not allow price levels to rise more than 2% per year. This means then, that corporations will have to take the hit, but so fucking what? If they can keep lobbying congress to get billions of our taxpayer dollars in subsidies then they can MORE than afford to raise their workers’ wages.
6- NOT EVERYONE HAS THE OPPORTUNITY OR MEANS TO ATTEND COLLEGE AND THEY SHOULDN’T HAVE TO LIVE IN POVERTY FOR THAT REASON.
7- Even with a college degree (associates or bachelors), there AREN’T ENOUGH NON LOW-WAGE JOBS to accommodate all new graduates, which is why more than ever, degree-holding individuals are FORCED to work low-wage jobs while they search (often for years) for jobs in their fields. This is because ONE THIRD OF ALL JOBS in Chicago are low-wage jobs. After the 2008 economic crisis that was caused by the 1% and their banker buddies, 52% of all new jobs created nationally have been, and continue to be, in the low-wage service sector. In 2011 the United States officially became a service (i.e. low wage) economy as tech jobs and production jobs continue to be outsourced.
8- Raising the minimum wage would increase economic activity in Chicago which would in turn create a demand for new jobs. 1 new job would be created for every 25 workers making the new minimum wage of $15 an hour.
9- It is a proven fact that poverty and wealth inequality PRODUCE CRIME as individuals seek out extra-legal means by which to generate an income. Raising the minimum wage would significantly reduce crime by creating jobs in the communities which need economic stimulation the most.
10- WORKERS’ RIGHTS ARE HUMAN RIGHTS and regardless of the opinion of people who devalue the work that low-wage workers do, EVERYONE DESERVES A LIVING WAGE. PERIOD.