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How about no minimum wage and a company actually paying what someone is worth and not looking up a Govt. chart.
Minimum wage was put into place to stop some employers taking advantage of unskilled workers but is now being used to underpay their employees.
Get rid of the law and that's exactly what will happen.
Currently as of 2012 - the federal minimum wage is $7.25/hour.
Most states adopted the federal minimum wage, however some states have their own minimum wage, ranging from as low as $5.15/hour in Wyoming, to as high as $9.04/hour in Washington State. Few cities, such as San Francisco have a minimum wage of $10.24/hour.
What is a fair amount of minimum wage in the United States do you think?
I think it should be $10 an hour - but that's my opinion.
Should make it $40/hour, then we would all live the good life.
You're all attacking strawmen. Nobody is demanding everyone should live like kings, but ensuring every worker at the least can be financially stable should be a goal. If $10\hr is enough to do that, so be it. But $100? It's a strawman.
Let's make the minimum wage $20.00 This way we will be able to see how many people will be working at McDonalds or how many people will be willing to pay $13.00 for a hambuger, $7.00 for french fries and $11.00 for a coke.
What fantasy land do you live in? Raising labor costs about 3 times the current rate would rise product costs by five or six times????? Really??? You do understand that labor costs are only a small portion of the cost of producing a happy meal, 30% roughly.
If labor costs did triple, the cost of your food item would only go up about 60 cents on a dollar. Your three dollar happy meal would cost $4.80.
Last edited by buzzards27; 03-24-2012 at 05:06 PM..
His food math is way wrong (too high) and his electric is too high, but his other utilities are about what I'm paying. And I live in a house with five people and split the utilities five ways, so I wonder if his utilities are perhaps on the low side.
Not as high as you might think. This chart suggests the food bill isn't to far off.
Its less important what the actual minimum wage is and is more important to enforce it. If the minimum wage is $50 per hour but people work for only 50 cents, what's the point?
Its less important what the actual minimum wage is and is more important to enforce it. If the minimum wage is $50 per hour but people work for only 50 cents, what's the point?
The point is all the mandates on the planet will serve only to slow the free market ,but are powerless to stop it.
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