On Tuesday, the Los Angeles City Council voted 14-1 to adopt a citywide minimum wage of $15/hour by 2020. The next day, marching behind a giant banner that read, "McDonald's: $15 and Union Rights, Not Food Stamps," 5,000 cooks and cashiers show up at the company's corporate headquarters in Oak Brook, Illinois, to kick off the largest-ever protest to hit the burger giant's annual shareholder meeting.
Due to TISA, the ballot box soon may not be able to make any difference on wage laws. If it applies, they will be frozen as of the date of its “standstill” clause taking effect, forever. ?
Something similar happened in El Salvador due to WTO action. A scheduled increase in the minimum wage to sixty cents an hour was prevented by a threat of sanctions against the new “trade barrier” by the WTO . That’s what happens when you globalize services.
What if ISDS takes away the power of our domestic politicians to do anything? As it already is doing in some areas, like health care.
How would they convince us they were earning their keep? Pretend to be arguing, and never agreeing on anything?