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I didnt even realize minimum wage is what it is now, I have been on salary for so long. I remember in the 90's $3.75 was the minimum but now its $7.25
I look up various states
Washington has the highest $9.19
Oregon $8.95
Vermont $8.60
Illinois and Nevada at $8.25 Few are $8.00 and rest are somewhere between 8 and the minimum.
If you weren't overpaid then my brother wouldn't be sending computer engineering jobs to India, Russia, and Ukraine. He can get people with a superior skillset to do your work for a lower cost. They can and will do the work for less than an American will. Did you ever wonder why tech support is answered by someone with a heavy Indian accent?
Once again: do you suppose that if we were to cut the minimum wage to $1.00, the cost of everything people need to survive (housing, food, transportation, health care, etc.) would magically fall to levels that someone earning $40 a week could afford?
If that really is the case then why do states with a higher minimum wage show none of the effects you claim? Why wouldn't employers immediately move one state over or wherever minimum wage is lowest? If anything unemployment is no different or actually lower in states with higher minimum wages then lower ones. This is just one more myth for the conservatives to constantly spout off.
This is simply not true.
Top Ten highest wage states and whether they are above or below the US median unemployment rate:
Washington - 7.6 - national average
Oregon - 8.4 - higher than national average
Vermont - 5.1 - below national average
Nevada - 10.2 - ranked #2 out of 50 states for the dubious honor of HIGHEST UNEMPLOYMENT RATE
Illinois - 8.7 - FAR above the national average, ranked #7
Connecticut - 8.6 - ranked #10
Massachusetts - 6.7 - below national average
California - 9.8 - ranked #3
Ohio - 6.7 below national average
So - out of the ten states paying the highest minimum wages, only 3 ranked BELOW the national unemployment rate (and two of those three only slightly), and SIX ranked ABOVE the national unemployment rate, with three of those in the top ten states with the highest unemployment rates!
And two of those three were ranked #2 and #3 for the WORST UNEMPLOYMENT RATES IN OUR NATION.
Out of the ten states with the LOWEST minimum wage, all but ONE of them are below the national unemployment rate. FOUR of the ten are in the Top Ten when it comes to states with the highest EMPLOYMENT rates.
Whoduthunkit to hear our illustrious President's speech tonight?
If you weren't overpaid then my brother wouldn't be sending computer engineering jobs to India, Russia, and Ukraine. He can get people with a superior skillset to do your work for a lower cost. They can and will do the work for less than an American will. Did you ever wonder why tech support is answered by someone with a heavy Indian accent?
They aren't overpaid. Their wages are justified in that the cost of living in the US is higher than elsewhere due to our high standard of living.
What made me nervous is when he claimed the war was over those military men were not standing and they were not smiling......I was very uncomfortable there.
They know they are going to be standing in the unemployment line pretty soon - and the country they just left will revert back to the rock strewn hell hole it's been for two thousand years.
And all those American men and women who have been maimed and killed there will have suffered for nothing - absolutely nothing.
Once again: do you suppose that if we were to cut the minimum wage to $1.00, the cost of everything people need to survive (housing, food, transportation, health care, etc.) would magically fall to levels that someone earning $40 a week could afford?
Markets don't care f someone can afford $1/hr or not, if you are worth $9/hr that's what you will get but if you are only worth $1/hr you get nothing. You can't force a company to pay someone more than they are worth, but you can dictate a price floor and force someone not to hire an employe they might otherwise hire.
They aren't overpaid. Their wages are justified in that the cost of living in the US is higher than elsewhere due to our high standard of living.
They are overpaid for the value they provide. Why should any business hire an American engineer that provides less service than a Russian engineer and pay more for it.
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