I mention Soylent Green only because the American Enterprise Institute is arguing against the $15 minimum wage by offensively comparing working people to packages of ground meat:
“Suppose that hamburger sells for $4 per pound and sirloin steak sells for $8 per pound. Hamburger is a much lower quality variety of beef compared to sirloin steak, but can attract a significant number of buyers who choose hamburger over the higher quality option for the 50% savings in price. Likewise, many employers may choose lower quality, unskilled workers over higher skilled employees for the significant savings in labor costs.”
You cannot make this shit up. AEI sees people as commodity beef. Do continue:
But now suppose the government imposes a “$8 per pound minimum beef price law.” In that case, most shoppers who buy beef will then purchase more sirloin steak and less hamburger because the lower quality meat has lost it main weapon to successfully compete against higher quality sirloin steak – a significantly lower price that compensates for the lower quality. Result? Hamburger sales will suffer due to the “minimum beef price law” and sirloin steak sales will increase. Just like in the labor market, a $15 an hour minimum wage will remove the most effective weapon that unskilled workers currently have to compete against skilled workers – the ability to work for a lower wage. Result? Employment opportunities for unskilled and limited-experience workers will contract, while employment opportunities for skilled workers will increase.
AEI economist Professor Mark Perry, when you are arguing that the poor make too much money (and that’s essentially what you are saying), I have a modest proposal: don’t compare workers to ground meat when Soylent Green is the better analog. I might also suggest that there is a difference between the workers at the burger joint and the burger itself: the beef cannot unionize, or negotiate a higher wage, you stupid twat.