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A $15 minimum wage is great for Amazon. It is not great for America.

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“Many people are treating Amazon’s move as a call to raise the federal minimum wage to $15 — double the current $7.25 level. Although there is research supporting both sides of this issue, cautious policymakers should consider such a big jump to be way outside their acceptable comfort level. They should absolutely consider the risk of job loss for low-wage workers if there were a massive hike that affected workers living in both high- and lower-wage regions. It is foolish to assume that if the cost of employing a worker is doubled they will all still retain their jobs.”

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