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A minimum-wage law, is society's way of saying that jobs that are only worth a lower amount, aren't worth doing AT ALL. The law has the effect of eliminating those jobs completely.
When was the last time you pulled into a gas station for fuel, and somebody came out and asked if you wanted your windshield washed, tires inflated, and oil and engine-cooling fluid checked?
Such jobs are no longer done, at all. Because min-wage laws made it necessary for the gas station owner to raise his gas prices so much to pay the guy washing your windshield, that you would go to the station down the street instead, whose gas prices are a LOT lower and nobody washed your windshield.
Because YOU (not the station owner) decided that the extra money for gas, was more than you wanted to pay to get your windshield washed, tires checked etc.
A few states, once the min-wage law destroyed jobs like these, have made even more laws to try to make up for the effects of the previous law, forcing gas stations to employ people to pump your gas. At that (higher) minimum wage, natch. All of those stations have higher gas prices than they would have had if they hadn't compounded laws upon more laws upon more laws, trying to undo the damage the previous laws did.
A minimum-wage law, is society's way of saying that jobs that are only worth a lower amount, aren't worth doing AT ALL. The law has the effect of eliminating those jobs completely.
When was the last time you pulled into a gas station for fuel, and somebody came out and asked if you wanted your windshield washed, tires inflated, and oil and engine-cooling fluid checked?
Such jobs are no longer done, at all. Because min-wage laws made it necessary for the gas station owner to raise his gas prices so much to pay the guy washing your windshield, that you would go to the station down the street instead, whose gas prices are a LOT lower and nobody washed your windshield.
Because YOU (not the station owner) decided that the extra money for gas, was more than you wanted to pay to get your windshield washed, tires checked etc.
A few states, once the min-wage law destroyed jobs like these, have made even more laws to try to make up for the effects of the previous law, forcing gas stations to employ people to pump your gas. At that (higher) minimum wage, natch. All of those stations have higher gas prices than they would have had if they hadn't compounded laws upon more laws upon more laws, trying to undo the damage the previous laws did.
And good riddance to those "jobs"!!!!
If I were to suggest one single remedy to our financial troubles, it would be a financial penalty on unnecessary personal attention; if Granny wants her taxes done, fine!; but if she wants to hand out Bible tracts and expects somebody to gush over pictures of the grandkiddies, she should pay a stiff additional charge directly to the person she's imposing upon, rather than allowing the "procurer" (choice of word deliberate) to overbill her and pocket the difference.
That, in one paragraph, is what's most out-of-whack in our gutted, service-based economy.
Last edited by 2nd trick op; 02-13-2013 at 04:32 PM..
The jobs are worth doing, otherwise the economy will crash, making it worse for everyone that doesn't have a safety net. And when that happens, people are going to be at the mercy of the rich.
It's just that in terms of living conditions, it's a race to the bottom to correct for the global economy.
As I said before,
Jobs are as valuable as the revenue they bring in (and believe it or not, minimum wage jobs bring in a LOT of revenue), MINUS the largest (usually) cut the employer can take (where that number is also large due to the excessive supply of unemployed workers).
Only way to reverse the downward spiral would be heavy investment in entrepreneurial education, because innovation and new industry is the only way the poor can get back the money lost to the rich, short of communism and dictatorship.
When did you last pull into a gas station, and some kid came out to ask you if you wanted your windshield washed, tires pumped up, and water and oil checked?
The gas station owner found that, as the minimum wage rose, he had to increase his gas prices more and more to pay the kid who did those things. And YOU quit going to his gas station as a result, and started going the the station a few blocks down the street that had lower prices and no kid washing windshields.
YOU decided that that job wasn't worth doing. And so the gas station owner fired the kid and kept his prices lower.
Jobs are only worth doing if they pay at least min wage - this is to ensure efficiency.
If someone only gets $2hr for something, then the employer can take on several unneeded hands - thus encouraging laziness and poor service (because he needn't worry too much about firing due to low cost)
so if a job's worth doing - it's worth paying at least $10 hr.
do you really need your windscreen cleaned by a boy?
The jobs are worth doing, otherwise the economy will crash, making it worse for everyone that doesn't have a safety net. And when that happens, people are going to be at the mercy of the rich.
It's just that in terms of living conditions, it's a race to the bottom to correct for the global economy.
As I said before,
Jobs are as valuable as the revenue they bring in (and believe it or not, minimum wage jobs bring in a LOT of revenue), MINUS the largest (usually) cut the employer can take (where that number is also large due to the excessive supply of unemployed workers).
Only way to reverse the downward spiral would be heavy investment in entrepreneurial education, because innovation and new industry is the only way the poor can get back the money lost to the rich, short of communism and dictatorship.
Here's the thing, that minimum wage job at Taco Bell isn't meant for you to make it a career and raise a family on it. It's so you can go to school, learn a trade, get someplace in life. And yes that is still possible in America, you just have to want it bad enough.
Here's the thing, that minimum wage job at Taco Bell isn't meant for you to make it a career and raise a family on it. It's so you can go to school, learn a trade, get someplace in life. And yes that is still possible in America, you just have to want it bad enough.
And that would be REAL possible on minimum wage (@ $10/hr), eh? What's wrong with lifting it to something so that these folks have a chance?!
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