Aielyn said:
It's better that the people who are working make enough money from their work to live on. The suggestion that a company will be unable to employ as many people if they're forced to pay $10 an hour is just absurd. If companies do lay people off because of the raise in the minimum wage, then the fault lies with those companies - either their business model relies on paying peanuts to workers, or their business is poorly structured to begin with, or they're just plain greedy. Also keep in mind that, by raising the minimum wage, you increase the ability of such employees to pay for things that aren't utter necessities, thus boosting the economy further, resulting in greater revenue, which enables companies to employ more workers. The black-and-white attitude of so many people to such complex issues bugs the hell out of me. The world isn't so black-and-white, so linear. There is an optimum minimum wage value - it's some value that will maximise the results for everyone. Set it lower, and companies might be able to hire more workers, but those workers will be worse off, dragging down the economy. Set it higher, and it starts to negatively impact companies' bottom lines even after factoring in economic impacts. It's kind of like taxes and spending - anybody who goes "taxes need to be reduced" is as much an idiot as someone who says "taxes need to be higher across the board". Things really aren't that simple. |
Yes there is, and when the government disrupts that it makes it impossible to achieve. some jobs have a lower requirements to work, are easier to do, and require less education. forcing companies to pay everyone the same means everyone better work the same, or those that dont will loose jobs. raising the minimun wage hurts those who lack education, drive, and experience more than anyone else. As they are priced out of the job market.
