Bruce Rauner wants to end minimum wage in illinois. Don't vote for this guy!

[Mr Khan]

CDiablo said:
Im no economist but wouldn't lowering the minimum wage just result in the poor getting really, really screwed over.

I've worked in IT for about 10 years and have received exactly 1 pay cut to my wages and never any raises despite how well the company is doing. Every year benefits get worse. Every year cost of living goes up. Now I do have the option to switch jobs, but with each tier of job I get to there is typically less of that job available. Im ok because I make decent money well over minimum.

For companies paying low wages, entry jobs, fast food, janitorial, ect what reason should they pay more than the absolute minimum for people to live in absolute poverty? Yes managers will make more but the grunts will work because they dont want to turn to crime and do not want to starve. Crime will likely rise but as long as it does not effect the bottom line of the low wage job suppliers have no incentive to pay more than the absolute minimum they can to get desperate workers to do their work. I dont understand how having no minimum wage helps anyone other than the already wealthy.

per thranx's post, it nominally creates more job opportunities to help people get out of poverty. The problem is that it creates jobs that are not worth having (especially since prices are not really heavily impacted by the minimum wage, so you wouldn't see overall price-level decreases to match, just as minimum wage hikes don't really impact prices heavily either), so it is ultimately just an exercise in cutting business costs without really improving much for anyone else.