The cost of living has gone up, the dollar has lost over half its value so we are paying more for less. Congress has raised their salary. So why not raise the federal minimum wage to $15 an hour??so people can have enough to not need foodstamps or rely on welfare. Risk a little profit, im sure walmart,Mcdonalds will be fine. This way we can put more money into the economy. Instead of people just saving and not contributing back to the economy
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You know why minimum wage isn't going up? Because the low quality of workers doesn't justify it. Example: Why u no favor. . . .
The private sector should not be run like the union workers with this minimum wage law. A government should not have the authority to tell me how much to pay an employee. If the employee cannot live on the wage offered then they have a choice to work somewhere else. Finding a qualified employee worth $15/hour is problem. Just because they need the money does not necessarily mean that they are worth the money. Who are you or the government to say how much profit I can make versus what I offer in a wage? I would like to know when it was a crime to save a dollar for yourself after building a company, I should be able to decide when and where to spend my money.
by the way Congress raises it's salary....yes. but do they adhere to a budget? I'm a business owner and haven't given myself a raise in 5 years in part because of the uncertainty of this administration.
The market will correct as needed.
Look at it this way:
If we eliminated min wage laws....could Burger King employ people at $0.10 an hour? No. No one would take the job, and Burger King would have no employees and would have to close down...or pay more per hour.
The market would find the price that works for employees and employers.
REMEMBER:
the vast majority of jobs in the country pay MORE than minimum wage....because the market dictates they do so.
The conservative side of me realizes that this minimum wage for service jobs alone will not work. We need to do more than that. Rebuild infrastructure, which would create a lot construction jobs. Companies will see an opportunity for profit with this new infrastructure and will not let it go to waste. That's how we rebuild our economy.
You bring up an excellent point. Can we propose to cut the salaries of Congress in half and then increase our minimum wage? I would be up for that?
We got where we are today by the circle of price increases. The more it costs to produce products through hire wages, the hire the manufacturers have to charge for their products. And round and round we go, where it stops, no one knows.
When I first got my drivers license, gasoline cost twenty five cents a gallon and I worked on a farm for twenty five cents an hour. Think about it. Do you really think you will benefit by getting paid $ 15.00 an hour?
Sounds good except it would drive countless businesses out of business.
I'd rather see a well-informed consumer base which only does business with companies who deliver a product of good value AND treat their employees and the environment with due respect.
And you're right, in a perfect world, WalMart probably doesn't qualify and would be shut down due to lack of sales.
I hate the poor.
The real reason is I studied economics in college. You could probably get a lecture on minimum wage on you tube.