Democrats are dancing in the street over Bernie Sanders having forced Amazon to raise its minimum wage to $15/hour and, as is their wont, are celebrating without checking to see if their “victory” actually merits celebration. As is often the case, this one most certainly does not.
For one thing, while Amazon raised its minimum wage, it did not raise any other wages so while it used to be that a worker started at $10/hr and worked his way up to $16/hr, today’s workers will start at $15/hr and work their way up to, wait for it, $16/hr. That, folks, is not something that makes me feel like dancing in the street, and it gets worse.
At the same time that they raised the minimum wage, Amazon cancelled their “variable compensation pay” program, an incentive program that added between 8% and 16% to workers monthly pay. They also eliminated a stock contribution program, so the pay of workers making other than minimum wage has been reduced significantly.
Democrats do not care about this, because they are the party of symbolism rather than actual issues. They are once again celebrating a victory that in on the nature of “we had to destroy the village in order to save it.” It matters not that they accomplished something that is actually to the detriment of the workers involved, so long as they can point to an “increase in minimum wages” accomplished by demagoguery.