This Map Shows Why a National $15 Minimum Wage Is a Terrible Idea

Progressive favorite Bernie Sanders has proposed raising the federal minimum wage to $15 an hour. If you want a simple illustration of why that's such a staggeringly misplaced idea, look no further than this map from the Pew Research Center. It shows the actual purchasing power of $15 across the country's major metropolitan areas, using the Bureau of Economic Analysis's Regional Price Parities. In New York and San Francisco, $15 really translates to $12 and change, once you take cost of...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Bernie Sanders [+]    Pew Research Center [+]    Economic Analysis [+]    Regional Price Parities [+]   

More #news: