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I think it should go up but gradually and over many years. Right now the 1% and especially the 0.01% of billionaires are getting too rich too fast while the rest are getting too poor. It's a myth that the superrich are the ones that keep the economy going. The middle class spending and the poor spending most of their income keeps the economy going.
When I started working in the 80s minimum wage was around $3.35 an hour. Most employers were paying around $6 or $6.50 an hour for starting out jobs. If it were still like that we would be able to get jobs starting at $15 easily. Minimum wage is not supposed to be a starting wage, it's not a living wage, it's the least someone can legally pay you, but nowadays that's all corporations want to pay in many areas.
Maybe you should study the history of the min wage before you make false statements the min wage was created to ensure that people were paid enough to live on. Let the market decide in other words let business decide so they can exploit people we get it.
From the Washington Policy Center
he minimum wage was established by Congress in the Fair Labor Standards Act passed in 1938. From the beginning, policymakers never intended the minimum wage be the sole source of household income or provide “livable” support for a family. Rather, the intent was to ensure a reasonable wage for workers who could not command higher pay in the labor market because they had little or no work skills, such as young people just entering the work force.
Storm Eagle you've never started, built or operated a business in your life have you???
If it were still like that we would be able to get jobs starting at $15 easily.
getting jobs at $15/hr is easy... you guys make it sound like it is hard... dont work a minimum wage job?
seems like you want to reward having low skill instead of encouraging people to get more?
yes i worked low wage before when i was in school... i never intended for it to be my life... how come you guys dont expect it of other guys? dont make your career a minimum wage one?
getting jobs at $15/hr is easy... you guys make it sound like it is hard... dont work a minimum wage job?
For some reason I have no problem hiring good receptionists for $9/hr. The one who basically runs the place makes $12/hr. Back where I grew up, the labor rates are even lower.
The article you posted explains how it happens but does not explain how much the prices go up. You also have to remember that other things can cause inflation. Min wage has not been going up much yet prices still rise. Automation if it happens will happen if the wages are $5 or $15 an hour because you do not have to pay robots anything.
But you have to buy them, maintain them, and eventually replace them. They aren't free. When the cost to have people do it is the same or less, may as well keep the people. If it's a little more, it makes sense to keep the people (bad PR to lay off people and automate). But when the cost of labor begins to be far more than the cost of automation, automation starts to look good.
This discussion is about the comparative lack of skills and lack of ambition of people who today have settled for minimum wage jobs. Those people's value to society can be summed up as follows: $8.25 per hour.
That's it. $8.25. That is all they are worth.
You can't just pass a law that says "you'll now be worth $15" anymore than you can pass a law rounding Pi to 3.14 so elementary school children can make an easier calculation. That employee did nothing to increase their ability to make money for their employee. They just are not worth it.
This discussion is about the comparative lack of skills and lack of ambition of people who today have settled for minimum wage jobs. Those people's value to society can be summed up as follows: $8.25 per hour.
That's it. $8.25. That is all they are worth.
You can't just pass a law that says "you'll now be worth $15" anymore than you can pass a law rounding Pi to 3.14 so elementary school children can make an easier calculation. That employee did nothing to increase their ability to make money for their employee. They just are not worth it.
Your statement that people are worth $8.25 is full of hubris, and based on opinion.
Where are the owner's of McDonalds "flipping burgers"? Where are the owner's cleaning toilets, and mopping floors? Why is it those whom allow McDonalds franchise owner's to bring in six figures to millions, is only worth $8.25? Oh, I get it, you just like slave wages.
Yes, they can pass minimum wage laws, that is what happens in a Government where you vote for a representative. The 10th Amendment allows this. Move to the following nations: Countries With No Minimum Wage
Great, so why are WA employers not flocking to Idaho, Illinois, Iowa, Kansas, Kentucky, Indiana, so what are their excuses then?
Why would WA employers need an excuse to not flock to Idaho, Illinois, Iowa, Kansas, Kentucky, or Indiana?
They can just not feel like it, that is reason enough.
Your statement that people are worth $8.25 is full of hubris, and based on opinion.
Where are the owner's of McDonalds "flipping burgers"? Where are the owner's cleaning toilets, and mopping floors? Why is it those whom allow McDonalds franchise owner's to bring in six figures to millions, is only worth $8.25? Oh, I get it, you just like slave wages.
Yes, they can pass minimum wage laws, that is what happens in a Government where you vote for a representative. The 10th Amendment allows this. Move to the following nations: Countries With No Minimum Wage
Working at McDonald's is a choice. Purchasing a McDonald's franchise is a choice. Anything else under the sun one might wish to do is a choice.
If you are not happy with your present lot in life, you have the power to make different choices. What does it take to get to where you want to go? Figure it out and then do it. No one is stopping you.
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