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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.
I understand your argument but disagree with it. The component of minimum wage employees to the final price is minimal. As an example, McDonald's pays it's register employees the MW ($7.25.) During an hour of work, the employee processes hundreds of dollars of transactions. Thus, raising the MW from $7.25 to $9.25 adds $2/hr. to cost. If the employer wanted to pass that along to customers, they'd add $2 to the hundreds of dollars charged, or 1-2%. So, costs go up 1-2% while the employee gets a 27.5% raise. I don't see how that hurts the employee.
The average McDonalds store employs 40-60 people so that's not one cashier bumped $2.00.
And that min wage bump of $2.00 gets spread all the way through the supply chain to all min wage workers.
No, they provided a detailed reasoning a logical conclusion that has been reviewed and reaffirmed by many people with detailed education and extensive experience in the subject. Your logic is that you just "reject it" as a rebuttal. Two words without any backup is not any sort of rebuttal to a detailed document like that. Also no, because I don't agree with your pathetic assessment doesn't mean total trust. That is a false dichotomy, and a really awfully bad one at that.
If their intelligence and understanding are so great, why do most lefties feel that the "minimum wage" is not good enough?
You would think that with their combined brain power all would be well.
And that min wage bump of $2.00 gets spread all the way through the supply chain to all min wage workers.
Exactly, the costs go up across the board for EVERYTHING whether it's fuel for their trucks, the burger meat, the spatula to flip the burger, the french fries , uniforms, the paper bags or even the balls they use in play area.
get rid of handouts to the rich. No reason or authority for our federal government to be subsidizing the greedy.
Who are more "greedy"? Those who pay millions in taxes + millions more in charity, or the people who sit around waiting for their check to be deposited and their food stamp debit card to be refilled?
Rich doesn't equal greedy.
This same government that you place all of your trust in are the very ones who made the tax laws.
It depends. I think it should be structured like this:
$12.00 / hour: Employees of companies with over 1000 employees with 2+ dependents
$10.50 / hour: Employees of companies with fewer than 1000 employees with <2 dependents OR employees of companies with 50 - 999 employees with 2+ dependents
$9.00 / hour: Employees of companies with fewer than 50 employees with 2+ dependents OR employees of companies with 50 - 999 employees with <2 dependents
$7.50 / hour: Employees of companies with fewer than 50 employees with <2 dependents
Either that, OR have the government subsidize low-wage employment by making up the difference between minimum wage and $12 / hour for families and $9-10.50 / hour for individuals through an entitlement program/s (food stamps, etc. could count towards this purpose but alone would not suffice), funded by taxing incomes above those levels proportionally.
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