Last week, The News & Observer published an op-ed by a community activist making a case for a $15/hr. minimum wage (to politicians, in order to get votes). Other local activists and "moral" demagogues have been arguing for a $15/hr. minimum wage either from "faith and morality" or as virtue-signaling.
The editors of the N&O have actually written for publication, and not on April 1, that doing so would "boost the economy" and put "more workers in the active economy." They wrote that "$15 is not an unreasonable national goal."
"Raising the minimum wage lifts everyone," they concluded according to their house brand of economics.
The recent column included this factoid: "Low pay is so pervasive that nearly half of North Carolinians today earn less than $15 an hour."
Which would mean, if the federal minimum wage were hiked to over twice its size right now to $15/hr., that nearly half of the workers in North Carolina would be directly affected. So does that mean nearly half would suddenly get a raise?
No, it means a significant portion would lose their jobs, because the government suddenly made them too expensive to keep on the payrolls. Some would get a raise. Many, many others would no longer get paychecks.