aLkaLiNE said:
Nuvendil said:
The $15 minimum wage is ludicrous. There are only two ends for that plan. The best case is a MASSIVE spike in inflation that will ultimately drag the dollar value so low that the pay increase is completely offset. The worst case is frankly total economic collapse as large companies get lean in order to compensate for the enormous spike in payroll costs and small business in general is completely whipped out. It's another short sited proposal made by people so obsessed with their own, personal, immediate convenience that they can't pause to consider the broader ramifications of what they propose. And flipping burgers should NOT net you $15 an hour buddy.
|
No. I'm sorry but no, this is wrong. The $15 minimum wage needs to be mandated, and all the other people employed at the upper middle class and below need pay increases relative to the minimum wage increase.
The fact is that while wages have roughly doubled in the past 40 years, the costs of living have more than quadrupled. To say that workers at the minimum wage are the problem is so wrong when you see individuals being paid millions a year to simply represent a company. The problem isn't a 15$ minimum wage, the problem is overpaid CEOs, sales people, owners etc. This massive gap in the standard of living between wealthy and poor is not by any stretch of the imagination right and that's where the real issue lies. We could as a country easily support a $15 minimum wage of those funds came from wealthy individuals with hyper inflated salaries that allow them to live well above their actual contribution toward society.
|
You clearly have next to no knowledge of the small and middle tier business world. 90-95% of small businesses and middle tier business could not sustain $15 an hour. And they don't have the war chest to float a transition. I know this. Also, let's not fall into the trap that CEOs are EVIL and the rich are EVIL. While some can be dicks, many are very altruistic. And the job of major executives is one 95% of people couldn't do. I've seen that myself, most average joes couldn't run a taco stand much less a multi billion corporation.
As for standard of living, that is radically different from state to state and that's the problem with a $15 minimum wage. Cause cost of living effects pay and that effects business plans and structuring. It effects EVERYTHING. NY or Washington State might be able to support $15 without too much fuss. But Texas? NC? SC? No, it would be a complete and utter train wreck. The US is huge, the cost of living, wage disparity, economic strength, etc is not universal. Such a high federal minimum wage would be highly ill dvised. Let the States decide in accordance with what the State needs.
