http://www.alternet.org/economy/robert-reich-whats-really-destroying-american-middle-class
I was in Seattle, Washington, recently, to congratulate union and
community organizers who helped Seattle enact the first $15 per hour
minimum wage in the country.
Other cities and states should follow Seattle’s example.
Contrary to the dire predictions of opponents, the hike won’t cost
Seattle jobs. In fact, it will put more money into the hands of low-wage
workers who are likely to spend almost all of it in the vicinity. That
will create jobs.
Conservatives believe the economy functions better if the rich have
more money and everyone else has less. But they’re wrong. It’s just the
opposite.
The real job creators are not CEOs or corporations or wealthy
investors. The job creators are members of America’s vast middle class
and the poor, whose purchases cause businesses to expand and invest.
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