Is raising minimum wage nationwide a horrible idea?

[MDMAlliance]

phaedruss said:

MDMAlliance said:

exdeath said:

So what about people who went to school, got certifications, etc who are making $15 an hour already? Do they go up to $25 an hour so everything stays even and fair?

Do you mean high school or college?  And the market would most likely adjust accordingly on its own.  (If you meant college btw, I think $15 is a really low payment for a degree).

So the market would adjust accordingly in that situation but not the other? Why is that?

 

Also: to the person above-have you seen the college graduate employment statistics?

What do you mean "but not the other?"  I was simply saying that if you were making $15/h already, and the minimum wage increased to $15/h, your pay may not increase by the same amount as the wage increased by, but your payment will almost certainly increase due to the changes in the market (positive or negative).  Especially if the payment of $15/h was done to keep the people happier to work there.