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.
Yes it will. Anyone whose skils are worth 14.99 and less will be unemployed.
There are many jobs that don't require skilled workers and these are jobs that people with more skills really want. How many "skilled" workers will be lining up for dishwashing jobs? How many will line up for custodian jobs? Entry level fast food jobs? I don't see this making much of a difference in terms of who is employed and who is not.
Illegals. If Americans will do minimum wage jobs when the wage is higher then employers won't want to higher middle school educated foreign illiterates.
It's hard to work your way up when the only jobs available pay very little, require at least a B.S., and demand 5 years of experience. Raising the minimum wage helps a bit
Turn it around.
More people will hire under the table.
If the minimum wage goes to $15 per hour there will be a ripple effect. The most entry level workers will be making $15 and everyone above them will expect more, because they are worth more. Prices will go up and then we'll be back at square one. Raising the minimum wage to $15/ hour will not solve anything.
But Progressives will get to feel all warm and fuzzy that they passed something they think is going to help, when in reality its going to bring more people closer to this new wage floor. If we suddenly raise the minimum to $15/hr., most of the middle class will become part of the lower class, as currently good paying jobs like dental assistants will suddenly pay the same as cashiers or burger flippers. Some will get raises to accommodate their higher skills and education, but most employers simply won't have the funds to give higher-paid employees raises after already absorbing labor cost increases of up to 100% for lower-paid employees.
A $15/hr minimum wage is going to drive a stake into the heart of lower paying fields that require a degree. Why spend 2-4 years learning a skill or training for a career that's going to pay about the same as working at Wal-Mart? If you want to go to college, you're going to have to get a Master's degree if you want your education to pay off.
You're also going to make low-skilled people essentially unemployable. At $15/hr, you're greatly widening the pool of potential applicants for a particular job. People with more skills and education that would never consider working at Home Depot for $8 suddenly might not have a problem working there at $15. How are low-skilled, under-educated people supposed to compete for jobs when jobs they normally do are now appealing to wider pool of much more qualified people?
I myself think this is not a good idea.
People rallying for $15.00 minimum wage.
Another what about me agenda that is getting so gross here in America.
So many would fall victim to this high minumum wage.
Such as group homes who need 24 hour coverge.
Or the individual who stays at home and needs care 24 hours.
That included the overnight position.
I believe many will go under and people will suffer.
Wasn't minumum wage at one time considered your "first" job, then you worked your way up?
Not to live on.
Group leads push for $15 minimum wage in Minneapolis | Star Tribune
Group pushing for Minneapolis to join several other cities that have raised minimum wages.
The push to make Minneapolis’ minimum wage one of the highest in the nation is ramping up, as advocates rally this weekend with the leader of Seattle’s successful $15 minimum wage campaign.
Seattle City Council Member Kshama Sawant will headline an event Sunday organized by the group 15 Now, which has been gathering support for a $15 citywide minimum wage in Minneapolis. The rally and fundraiser will feature at least two members of the Minneapolis City Council who say they are supportive of creating a living wage but not yet ready to throw their support behind a specific dollar amount.
As advocates seize on momentum from the handful of other cities that have recently bumped up their wages, officials are also keeping an eye on legal battles brewing over wage increases passed in other cities. Officials say it’s possible such a move in Minneapolis could spark a court challenge, though the uncertainty doesn't seem to be holding up the movement.
The whole concept of minimum wage was supposed to mean "the smallest wage you can survive on." Obviously a family can't survive on $7.50 per hour = $1,156.38 per month (after taxes) = $13,876.60 per year. It's probably enough for a single person who is splitting the rent with one or more roommates, or just one person in a very rural location.
So what happens when we bump that number up to $15 per hour? After taxes, you end up with $2,178.29 per month or $26,139.45 per year. Can a family survive on that? Probably. With two incomes at that level, you could definitely support a family just about anywhere in the USA. Sure you're not living in Beverly Hills, but you can find a decent living space with that just about anywhere in the country. So yeah, $15 per hour achieves your intended goal of minimum wage being enough to live on.
Instantaneously changing it would be a disaster. You're effectively doubling the income of a huge portion of the population. In the process pushing pay rates for lower middle class, middle middle class and upper middle class folks higher. If an unskilled worker can make $15 an hour flipping hamburgers, then in demand highly specialized jobs would need to pay more. The United States couldn't handle the sudden shock and rapid inflation would burn through anything you gain from all of it. If you're going to do it, you must: 1.) Do it gradually, probably over a period of ten years or more.
2.) Peg the minimum wage to inflation. The target minimum wage that you're moving to at the end of 10 years = whatever wage has the current buying power of today's $15 per hour income. This way, out of control inflation would be irrelevant. Inflation only really hurts people when their pay does not increase to match it.
By doing it gradually and planning ahead for inflation, it just might work. I'm pretty conflicted on doing it at that federal level though.
I myself think this is not a good idea.
People rallying for $15.00 minimum wage.
Another what about me agenda that is getting so gross here in America.
So many would fall victim to this high minumum wage.
{snip}.
If we did that as a nation, the markets would adjust, and since there is no money tree that employers could simple pick money off of, I think there would be some initial hardships for the labor intensives businesses.
The prices for all goods and services would be impacted, and we would suffer setbacks in our ability to compete in some overseas markets, where labor costs affect the prices for the end product. I also think a lot of low skilled jobs would disappear over night in the small business sector.
But Progressives will get to feel all warm and fuzzy that they passed something they think is going to help, when in reality its going to bring more people closer to this new wage floor. If we suddenly raise the minimum to $15/hr., most of the middle class will become part of the lower class, as currently good paying jobs like dental assistants will suddenly pay the same as cashiers or burger flippers. Some will get raises to accommodate their higher skills and education, but most employers simply won't have the funds to give higher-paid employees raises after already absorbing labor cost increases of up to 100% for lower-paid employees.
That's a good point. The jobs that are currently paying $15/hr would stay at that level because the employer was already paying a commensurate wage. so you would end up with low skill workers being paid the same as some workers who spent the time learning and acquiring skills.
If we are trying to give even a person with no initiative with a sixth grade education, a living wage, where is the incentive to even bother to go thru the expense and trouble to learn a marketable skill?
Some people have no ambition, if they can make enough cash to pay for cable, a smart phone, a computer, just earning enough to get by and they are happy. And as some people have alluded to, maybe that is enough to get them off the current social welfare standards.
Could you imagine the horror within the Democratic Party if everyone earned enough to get them off social welfare and nutrition assistance??? This is why getting people off the government social welfare tit will never happen. The dems will ensure that the number of people dependent upon federal government social welfare will never end, it's what the dems think keeps them in power.
If the government wishes to raise the minimum wage to $15/hr, those that will be hurt the most will likely be small businesses. Big corps could eat it up to some extent as there is more money lying around for them. Small businesses don't always have as much.
Either way, supply and demand will always play a role in higher wages.
Trickle down economics? There is no such economic theory. Don't make me laugh.
Yes there is. It's commonly called supply-side economics, and its counterpart is Keynesian economics.
An economic idea which states that decreasing marginal and capital gains tax rates - especially for corporations, investors and entrepreneurs - can stimulate production in the overall economy. According to trickle-down theory proponents, this stimulus leads to economic growth and wealth creation that benefits everyone, not just those who pay the lower tax rates.
The min wage benefits who? The worker or the employer?
Now I ask who is going to work "some jobs" for under min wage as it is now.
If you remove the min wage, you are NOT required to take that job, someone might take it for 6 or 3 or 5 dollars an hour but really I dont think they will.
Min wage keep the wage min.
No min wage is a market price.
Liberals and socialist commie groups love to change the meaning of things.. min becomes living wage.
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.
This is why getting people off the government social welfare tit will never happen. The dems will ensure that the number of people dependent upon federal government social welfare will never end, it's what the dems think keeps them in power.
