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Today, the gap between productivity and compensation for the typical worker is larger than at any time since World War II.

David Rolf

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David Rolf
Age: 55
Born: 1969
Born: January 1
Labor Leader
Trade Unionist
War
Compensation
Today
Worker
Time
Productivity
World
Gaps
Typical
Larger
Workers
Since

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When workers make more money, they respond by being more productive in their jobs and are less likely to leave, reducing turnover costs. This puts money in business' pockets, and workers also then have more money to spend in the local economy.
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People decide what markets should do - they are not a force of nature.
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The free market hasn't done a very good job figuring out how to pay workers enough. If it was solely up to the market, the people with the least power would be paid pennies ... or less.
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When families can afford the basics, they can reinvest in their communities, and higher wages means a broader consumer base for businesses.
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A September 2015 poll found that, by a 3-1 margin, voters are more likely to support political candidates who favor raising the minimum wage.
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The fast-food industry is notorious for employing millions of Americans at poverty wages.
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Income inequality and wage stagnation finally took their place among the principal moral issues of our time.
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Businesses generally deal with minimum wage increases by finding efficiencies in their business practices or slightly increasing prices if they have to, not cutting jobs. Of course: because they need staff to make their businesses run!
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