Today, the Employment Policies Institute is running a full-page ad in the Wall Street Journal illustrating the consequences of a $15 minimum wage. It coincides with union-organized fast food strikes that are expected to take place today in at least 35 major cities.
There’s an old saying – “be careful what you wish for” – that applies here. If the employees participating in the union-backed protests are successful in their demands, the burgers of tomorrow will be made by robots rather than employees. The end result is fewer job opportunities for the very people the protests are intended to help.