The Truth Behind Trump and the Minimum Wage - Does He Really Care About the Working Class?

Introduction

The argument that the former President Donald Trump was a friend to the working class often hinges on a promise to raise the minimum wage to $15 an hour. However, a closer look at his policies and rhetoric reveals a different picture. This article explores the truth behind this claim and analyzes the reasoning behind his stance on the minimum wage.

Trump and the Minimum Wage - A Closer Look

Many supporters of the argument that Trump championed the working class cite his promise to raise the minimum wage. After all, former President Joe Biden is a vocal proponent of this increase, making a similar pledge to raise it to $15 an hour. However, a myriad of factors, ranging from his business practices to his approach to legislation, suggest a different understanding of what it means to support workers.

For instance, Trump has often expressed a stance that aligns more with the interests of business owners, as opposed to employees. His proposed legislation, which allowed business owners to take employees' tips, is a clear indication of his prioritization of corporate interests. During his rallies, he has vociferously opposed paying overtime and has even suggested ways to reduce this expenditure, such as hiring additional staff to work under single-time pay.

His ideological approach to the economy is centered on maximizing profits for business owners at the expense of employee benefits. This stance stands in stark contrast to the notion of raising the minimum wage, which is intended to ensure fair compensation for workers.

The Minimum Wage in Australia

For comparison, let's look at another country, Australia. In Australia, the current minimum wage is set at AUD 23.23 per hour, with an additional 10.5% paid to the employees' retirement fund of choice. This illustrates the effectiveness of a minimum wage set at this level, contributing to a fair and stable working environment without impinging on business operations.

Government Interference in Private Contracts

Trump has also made it clear that he believes the government should not demand any terms in private contracts between business owners and their employees. This principle is rooted in the belief that the marketplace, rather than government intervention, should regulate wages.

The history of the minimum wage is often cited as evidence against its efficacy. One dark chapter in American history is the introduction of the minimum wage in the South to drive out black workers, which it succeeded. This demonstrates how ill-informed minimum wage rules can harm the very workers they are intended to protect. It is crucial to understand the potential negative effects of government involvement in private agreements.

Why Trump's Opposition to Minimum Wage Hike Makes Sense

Another argument is that raising the minimum wage would harm businesses by reducing profits. In addition, this increase could drive up prices, potentially leading to job losses as companies reduce costs. Trump's opposition to such a measure is rooted in his understanding that economic growth and job creation are more beneficial to the working class than an arbitrary wage increase.

The idea that abolishing the jobs of thousands of energy workers would benefit the working class demonstrates a disconnect with the realities of economic policy. In reality, job creation and a booming economy are more effective in supporting the working class than a temporary wage hike might claim to achieve.

Conclusion

The argument that Donald Trump was a friend to the working class is complicated by his implementation of policies and rhetoric that prioritize corporate interests over fair wages. His stance on the minimum wage reflects a broader ideological framework that values economic freedom and business profitability over direct employee compensation. Understanding these factors is crucial when assessing the validity of his claims to championing the working class.