Friday, October 05, 2018

Trump mandates $16/hr minimum wage for Mexico; $7.25/hr just fine for US



Some of my progressive friends are touting Trump's NAFTA revision because of its 2023 mandate for 40% of components of all cars in NAFTA countries be made by workers earning at least $16 an hour. As Tribune pundit Steve Chapman points out, that move will largely punish Mexico, enticing auto makers to abandon Mexico manufacturing with its low wage rates. If Trump's GOP had any interest whatsoever in minimum wage workers' welfare, they would cease their relentless opposition to any increase in the US minimum wage of $7.25/hr, a slave wage that has not increased in over 9 years. As with any imagined goody Trump trumpets, there is not only no beef...there's no bun and no ketchup. 

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