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.

Its worth it to keep hard working trained people. many fast food places and restaurants have people that make more than minimun wage. the problem is you cant hire and train at high wages, for every one spot i have open at the restaurant i usually hire 3 people knowing that 2 will not work out for some reason or another. Its hard to pay for all of that. But 6 months to a year in, its worth it to pay people more, they know their stuff, they are more of an asset to the company, and you wouldn't want to loose them.

For the bolded, welcome to the new america. Its like that for everybody, not just you. We have not and will not recover from the last recesions. We aren't the top dog any more. With China and India growing in importance, and us fading, that is what will happen. We have created an enviroment in which its better to business elseware than here. Too much regulation on everything.

So just to clarify this for myself. In your situation(+ without minimum wage) you would hire 3 at a super low entry wage and once the cream rises you pay that person a good wage(but obviously not equal to the total of the 3). Am I following this right?

You gotta admit he kinda saved the day when he became the Hulk at the end of Marvel's Avengers.

Many Americans aren't making the cost of living because they lack the effort to try. The effort to show their worth. Instead they think getting a piece of paper combined with a job history of flipping burger patties will get them hired instantly. Ignorance is far to prevalent.

Switzerland has among the biggest average wages in the world. That's a proof that high wages is not a cause of unemployement. Which makes minimum wages a good thing. Bad example.

Edit : Even afghanistan and china have minimum wages. I'm sure illinois people don't want to have less social policy than afghanistan and china.

Yes. And the 2 that dont make it will have a better chance at their next job from the experience.

Edit: And if all 3 are good workers, we would try and keep all 3 . good help is hard to find

lolno.

There are more job seekers than job openings still, although the economy improves, and that's setting aside the masses who stopped looking for work at all in the depths of the recession. If everyone could magically teleport to where the job openings in their respective fields are (filling the unemployment caused by geographic barriers), there would still be plenty of people out of work.

what improvement? they miss use studentloans, thats all.  the us economy is done, since the 2 big partys gave up on inteligent politics after the worst presidents of all time (ronald mcdonald reagan).  its all bubles after that.

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.