Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Wouldn't raising the minimum wage have and adverse affect on individuals qualifying for goverment subsidies? There are lots of people who remain un/under employed because from a cash basis they have more money because of the subsidies.
What a horrible cycle for those that "know" the rules and those of us who have to pay for it.
Raising minimum wage makes it illegal for companies to hire people with skills that are not worth minimum wage. So the jobs go overseas.
Jobs going overseas, has been a big rally cry for years. How about all the foreign jobs moving from other countries to the U.S. Autos are just one of the fields, that are moving jobs to the U.S. There are 11 foreign owned auto companies in the U.S. and only 2 American owned companies since Obama administration sold off Chrysler/Jeep to foreign owners. Japanese company builds more cars in U.S. than they do in Japan. When you go to the American made autos, and the percent of parts to build the cars, the top 10 models in the U.S., 6 are foreign owned, using more American made parts than others. And this is just the auto industry, with foreign owned electronic giants to many other types of factories and operations in U.S.
The big threat to doing away with minimum wage jobs is automation. Someone above mentioned McDonald's automating.
Just one of the machines going on the market. Does the whole thing. Instead of several people, all that is required is one person to keep the ingredients in the right hopper. Turns out 350 perfect burgers an hour. Can pay for itself in just one year at current minimum wage. Raise the wages, and you will have these going into all the burger restaurants. They are putting in touch screens to take your order, and pay the bill. This machine and some other things available, and you can do away with over 75% of employees.
Industry after industry is going to replace minimum wage workers with robots. Robots do not need wage increases, breaks, days off, slow moving employees, etc., etc.
Wouldn't raising the minimum wage have and adverse affect on individuals qualifying for goverment subsidies? There are lots of people who remain un/under employed because from a cash basis they have more money because of the subsidies.
What a horrible cycle for those that "know" the rules and those of us who have to pay for it.
Welfare "cliffs" are a real problem, higher minimum wage or not. They disincentivize earning over the threshold amount and are thus very expensive for the taxpayers.
Raising the minimum wage without tying it to a raise in productivity, does nothing but either deplete the reserves of the business that allows them to handle slow periods, lawsuits, and other losses...or raises the prices of consumers for the products that they enjoy right now with low prices, which could potentially lead to a DECREASE in demand which would in turn causes job losses. Everybody says that Walmart should increase wages.....but nobody wants to pay $10 for a product that was once $7.50 before the wage increase.
I do support a minimum wage, but I don't believe it should be a "living wage" and I don't believe it should be tied to inflation. It should be a bare minimum pay-scale for those with the bare minimum or NO productive skills. Instead of discussing raising the minimum wage, we need to discuss raising the productivity of the people currently making minimum wage.
However, it goes without saying that most of those making minimum wage are the LOSERS in life with 5 kids from 5 different ex-convicts and raising their productivity would be like pulling elephant's teeth.
BTW, a big part of my job is SALES. And in sales, many salespeople within the industry are on all commission with no minimum wage. But somehow they still make ends meet and make it, because their level of productivity is HIGH.
Last edited by jotucker99; 11-07-2014 at 05:42 PM..
We should because of the poor income distribution currently in the USA which is increasing the income disparity.
We shouldn't because it takes away the freedom of the marketplace.
There should be ZERO income distribution.
Raising minimum wage will raise payroll costs for employers, and if you aren't an idiot business owner? You pass that increase along to your customers.
So it all ends up being a wash.
You can get your $20/hr for asking "Would you like to supersize that?", but the increase in your rent/consumables, etc. are going to leave you right where you were when you were making $8.25/hr for asking "would you like to supersize that?"
Businesses aren't going to eat that increase in payroll, and especially not small businesses.
No minimum wage earner is going to get ahead with an increase in minimum wage for longer than 2 minutes because reality will catch up and very quickly.
It's a fact that liberals and progressives and everyone else who doesn't understand how to run a business can't seem to wrap their minds around.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
