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 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
