The real problem I have isn't the minimum wage, but the upcoming healthcare legislation. $7.25 an hour won't exactly buy you a $250,000 4-bedroom home, but what really determines how much money you earn is the hours you work. If you have a roommate or two you can do it, but I'm not gonna lie: you really need to work overtime, have good money skills, or get promoted ASAP.
The problem is the healthcare bill, which says any not-small-business employer has to give healthcare to any employee who works more than 30 hours a week. Predictably enough, fast food joints in particular are no longer hiring for positions with more than 29 hours. In my particular circumstance? this puts me at least about twelve hours a week short of where I need to be--fifteen if I get a second job because I'm no longer pulling overtime--it makes more sense for my employer to hire another hand than to let me do what I'm already trained for.
In so many words, healthcare's unintended consequence is that it RATIONS MINIMUM WAGE LABOR.
So yeah, the wage is not really the problem. The number of hours you're working is the problem.
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