If SF or NYC wants a higher wage, the city could augment the subsidy out of its own tax coffers.
I am however, very much against the idea of taxing a machinist in Alabama to subsidize wages in NYC.
I am also amenable to the idea of having the subsidy only be for those over 18, or people who are supporting families.
But I do think it is reasonable to provide $15 jobs in middle America. Right now, young people feel a compulsion to head to NYC/SF/DC to gain access to these job markets, which feed off the money surplus from winner-take-all-industries. I would rather that the money get spread around more, and that once again a decent middle class life would be easy to obtain in what is now known as the rust belt.
I am however, very much against the idea of taxing a machinist in Alabama to subsidize wages in NYC.
I am also amenable to the idea of having the subsidy only be for those over 18, or people who are supporting families.
But I do think it is reasonable to provide $15 jobs in middle America. Right now, young people feel a compulsion to head to NYC/SF/DC to gain access to these job markets, which feed off the money surplus from winner-take-all-industries. I would rather that the money get spread around more, and that once again a decent middle class life would be easy to obtain in what is now known as the rust belt.