Tim Knowles
Aug 3, 2018 · 2 min read

It is certainly appropriate to look at the plight of the poor and working poor but to contrast that with the wealth of the 0.001 percent or even the wealth of the 1 percent is just a distraction.

The problem is not about how rich the rich are. The problem is how poor the poor are.

You don’t have to take anything away from the rich to make the poor less poor. Helping the poor be less poor will probably just make the Rich even richer. Raising the minimum wage will not cost Bezos much if anything. Amazon will just raise prices along with everyone else. If his shops become unionized then it could hurt but if his competition is unionized as well then they both can just raise prices.

You know who does not want the minimum wage raised? The working class that makes more than minimum wage but still make little enough that they worry about the costs of good and services going up. The people living on fixed incomes like Social Security, 401K’s and pensions that don’t fully adjust for increases in the cost of living. Incomes are not really keeping up with inflation, true inflation, so increases in the wages (whether it is done by Unionization or by raising the minimum wage) of the working poor are a burden that mostly falls on the lower middle class.

Right now giving a working poor worker food stamps, that cost comes out of the income of upper middle class and the rich. Subsidizing the poor workers health care that comes from the upper middle class and the rich. Subsidizing the poor workers housing that comes from the upper middle class and the rich. Raising the wages of the poor workers that comes from everyone, poor, middle class and rich and they only ones it hurts enough to be noticed are the poor who don’t get a pay rise like the poor on fixed incomes or the poor workers who were already making more than the minimum wage.

TEK

    Tim Knowles

    Written by

    Worked in our nations space programs for more than 35 years