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thranx said:
MARCUSDJACKSON said:
MTZehvor said:

 

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.

on the fence

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.

well thanks but i didn't need the examples, i'm a business major. going back to school asap so i can fimish. big sis got me bitting the bug to finish.

well i don't have to tell you how right you are because it's decisions you have to make every day.

i was home last wk for 5 days working 2 days for 8 hr.'s, so i know what you're talking bout. my job let go of more experianced people, who likely get paid a great deal.

they just cut another 160 hr's, and my dept gets only 100 hr's, with 3 (you can guse who 1 of them is) part time people, and 4 full time.

honestly, i'm not sure either, are useful solutions, with all the red tape. you called them regulations.