It’s common to hear rhetoric about the shrinking middle class from politicians. But usually politicians like invoking the middle class so they can offer up their own solutions to the perceived problem (which isn’t as severe as often cited, depending how you look at the data).
While I can’t say he’s a man I’d cast a ballot for, when former New Mexico governor Gary Johnson spoke about job creation during his tenure, he’s always insisted on stating, “I didn’t create a single job.” And he’s right – entrepreneurs do that. All politicians can do is create and foster an environment in which businesses can thrive.
So, what kind of policies do we need to do that? Prager University’s latest video talks about the pitfalls of the $15 minimum wage, an idea presented by the liberals to fix our economy. The video presents an alternative: jobs with a $50,000 salary instead of a $15 minimum wage. “There are going to be 2.5 million of these middle-skill job openings next year. These career opportunities require more than a high school degree, but less than a four-year college degree, boasting an average salary of $50,000 per year,” the video states. “These jobs include automotive technicians, nurses, and plumbers.”
“The entry-level wage should be thought of as a training wage, which employees with few skills can use to prepare for a $50,000 a year, or more, career,” the video concludes. “Let’s raise wages by putting Americans back to work, and fighting for $50,000.”
I think this video hits the problem right on the nose. Higher wages are nice, but we should be rooting for strong families with one (or two) well-compensated breadwinner(s). Concentrating on wages is short-sighted. Let’s create better salaries for all Americans!
What do you think? Do you think fighting for a minimum wage is taking too narrow of a view of things? Tell us your thoughts below, and share this instructive video with others now!