MARCUSDJACKSON said:
MTZehvor said:
MARCUSDJACKSON said:
MTZehvor said:
Trouble with minimum wage is people simply aren't meant to live on it. Raising the minimum wage does nothing in the long run as it does nothing to permanently shift real wages. People working those jobs will end up in just as poor a position as they were beforehand once prices adjust, with nothing to show for it but inflation. It's a good intentioned solution to a major problem, and one that certainly should get more attention, but that's the best I can say about it.
Anyway, regardless of what the guy thinks, why would you want everyone to vote against him? Just because he holds a certain view (or held, I suppose)? |
ok i was thinking this but it still leaves the door open for companiese to pay less than whats already offerd. i know that's highly unlikely but the ones that pay minimum wage now, could pay less because there's no minimum. it's like how some people have to work 2 and 3 jobs just to make ends meet when 1 should provide all you need, but that's just wishful thinking.
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It's certainly possible, but the flip side of that is that companies may also offer more jobs with lower pay than they would otherwise. Trying to tell the free market that its prices (based on supply and demand) are incorrect is dangerous, because then you rob people of some (admittedly lower paying) opportunities that they could then use as a stepping stone to a better job.
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on the fence
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well let me give you some real world examples. I work at a restaurant, every time minimun wage goes up, so does the age of our employees, and their skill level. To achieve that I have to let go the worst workers, not because they are bad people, not because they wouldn't someday be able to do the job, but they aren't fast enough to make them worth keeping at $9 an hour. I just let three people go, and their hours will be split between the other workers or gone all together. Those 3 people now lost their chance for free on th job training, and work experience. Had I not been able to find faster people we would have looked at more automation (replace workers with equiptemnt). Minimun wage hurts the least skilled workers the most. Not to mention (dosn't effect us since we smaller business) but with Obamacare and other regulations in place its not worth it to work employees over 25/30 hrs a week, than a new set of regulation kicks in and ech employee costs more. the end result, most fast food/restaurant workers have two job to get 40 hrs. I would love to work people more hours, and they want to work them, but we cant pay $14.50 an hour for basic work (time and a half for over time). Over regulation is killing the creation of business and jobs.
