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Scandinavian countries also have amazing benefits. Not just health care (as most developed countries have) but family leave and 25 paid holidays. Crime is low as well.
I suppose the minimum wage will someday be raised to $15.00 per hour when it is worth what $7.50 is today.
Scandinavian countries also have amazing benefits. Not just health care (as most developed countries have) but family leave and 25 paid holidays. Crime is low as well.
Just want to mention some points related to what you said, don't know if you agree or disagree.
Scandinavia has wage floors decided by the unions, it is actually more restrictive than the US minimum wage.
US can never afford scandinavian benefits at any tax level, and neither can many other european countries.
Crime in Scandinavia is increasing and is not that low. That is especially the case in Sweden.
General note. The people pushing for elimination of the minimum wage are mostly at the top of the economic ladder.
Anyone want to guess the probability they are being altruistic?
Note several states actually love local control until it goes against corporate interests. See Missouri and Alabama.
Note I am not calling for $15 an hour. IMHO too high for many areas. Law should be a balance between the interests of business and labor. I would guess a minimum wage above 9 to 10 dollars would lead to significant job losses depending up area costs obviously. Then again, GOP congress and president means it will stay as is.
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Originally Posted by ottomobeale
General note. The people pushing for elimination of the minimum wage are mostly at the top of the economic ladder.
Anyone want to guess the probability they are being altruistic?
Note several states actually love local control until it goes against corporate interests. See Missouri and Alabama.
Note I am not calling for $15 an hour. IMHO too high for many areas. Law should be a balance between the interests of business and labor. I would guess a minimum wage above 9 to 10 dollars would lead to significant job losses depending up area costs obviously. Then again, GOP congress and president means it will stay as is.
Obviously. Our minimum wage is now over $10 ($10.50 this year, $11 next year, $12 in 2020) and jobs are still growing. Our minimum in 2006 was the old federal minimum of $5.15 for reference
Who knows how much pay in general would go down from the result of no minimum wage freeing up the entire labor market? People working for $8 or $9 an hour, where the min. wage formerly was $7.25 an hour, may see their pay fall to $6 or $7 an hour.
Yes you are absolutely correct
But there are some people that are not worth the minimum wages, wages should be base on ability and worth to company, instead of a flat line item in an accountant sheet, you should have to earn your worth
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