The Minimum Wage Debate Explained
Since the minimum wage is in the news again, I figured it would be a good time to address some things that are never brought up. In this episode we take a look at the minimum wage and why some people are against it being raised, but more importantly, we examine what the whole debate really shows about class consciousness in America.
The Minimum Wage Debate Explained – Second Thought
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Citations and further reading:
Housing prices and minimum wage:
https://reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2020.pdf
https://www.usinflationcalculator.com
1966 FLSA Amendment Study: https://academic.oup.com/qje/article-abstract/136/1/169/5905427?redirectedFrom=fulltext
Walmart Profits: https://www.macrotrends.net/stocks/charts/WMT/walmart/gross-profit
Rental Prices: https://www.statista.com/statistics/200223/median-apartment-rent-in-the-us-since-1980/
McDonalds in Denmark: https://www.nytimes.com/2020/05/08/opinion/sunday/us-denmark-economy.html
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About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com
Видео The Minimum Wage Debate Explained канала Second Thought
The Minimum Wage Debate Explained – Second Thought
SUBSCRIBE HERE: http://bit.ly/2nFsvTS
Citations and further reading:
Housing prices and minimum wage:
https://reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2020.pdf
https://www.usinflationcalculator.com
1966 FLSA Amendment Study: https://academic.oup.com/qje/article-abstract/136/1/169/5905427?redirectedFrom=fulltext
Walmart Profits: https://www.macrotrends.net/stocks/charts/WMT/walmart/gross-profit
Rental Prices: https://www.statista.com/statistics/200223/median-apartment-rent-in-the-us-since-1980/
McDonalds in Denmark: https://www.nytimes.com/2020/05/08/opinion/sunday/us-denmark-economy.html
New video every Friday!
Follow and Support Second Thought!
Twitter: https://twitter.com/_SecondThought
Patreon: https://patreon.com/secondthought
BuyMeACoffee: https://www.buymeacoffee.com/secondthought
CashApp: $JTChapman
Watch More Second Thought:
Latest Uploads: https://www.youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27
Spaaaaaace!: https://www.youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v
What If...: https://www.youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi
Popular Videos: https://www.youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN
About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com
Видео The Minimum Wage Debate Explained канала Second Thought
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