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View Diary: Hundreds of New York City fast food workers strike (94 comments)

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  •  Methinks you have it backwards (0+ / 0-)

    If the fast food (and other less desirable) jobs paid $11, then jobs currently paying more than minimum wage (presumably for higher quality workers) would have to bump the pay higher still to get those better workers. People living hand-to-mouth would have more money to spend, and the entire economy would benefit. Sure, costs would be ever so slightly higher, but would be more than outweighed by higher wages across the board.  

    I was stunned to hear that NYC workers were being paid minimum wage. How can that be? In such a high cost city?? In Anchorage, which is higher cost than most of the US but less expensive than NYC, the effective minimum wage is much higher than the legal minimum wage. This is necessary to account for the higher cost of living.  

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