Will the Fight for Fifteen knock out 9 million jobs? - Hot Air
The primary results of this policy will be to make low wage workers unemployable, and give low wage nations a competitive advantage.
This should send a large number of businesses which were reasonably well situated to remain in the US to China, and other low cost labor nations. The information here is easy to digest, and I have written about the minimum wage fairly frequently, most recently about the city of Seattle. I have also written about the fact that China is beginning to resort to robotic employees to help with labor costs, and to retain the high quality help the business need, but find hard to hire.
Minimum wage: Another unfounded progressive belief
And so it begins, China is buying factory robots from the West