The federal minimum wage is the lowest wage at which employers may pay their employees. Since July 24, 2009 the U.S. federal minimum wage has been set at $7.25 per hour. In 2014 President Obama proposed raising the federal minimum wage to $10.10 and tying it to an inflation index. The federal minimum wage applies to all federal employees including those who work on military bases, national parks and veterans working in nursing homes.
No one will work more that 20 hours a week, if that, with a higher minimum wage. Companies will artificially inflate their number of workers because they will each work about 4 hours a day. Less work, less money, less "unemployment".
Two points: minimum wage laws are immoral for several reasons not the least of which is a violation of private property rights of the owner and the right of contract for the prospective employee. It is none of the government's business how people earn a living.
I believe that all of these stances hold some truth. Most minimum wage jobs aren't meant to support families and increasing the minimum wage will increase prices and result in a drastic loss in available jobs as more companies will begin to replace human workers with machines. But I also believe that the wage should be increased to some extent to make our lives easier and adjusting it by age group so that a forty year old man isn't making the same wage as a sixteen year old kid.
No because people who went to college worked their butts off just to get $15 and people who didn't go to school are just being handed money for not finishing school or having low skills
You can't demand/expect a service if you are not willing to pay those who provide it enough to live. Figuring that one's labor is required then the arbitrary metric of "skill" doesn't apply. A rhetorical question explaining this is "Who is deserves more money, A doctor or the farmer that feeds him?" Since the farmer's labor is needed for the doctor to survive and have enough energy to actually provide medical care, then they are of equal value and deserve equal compensation, no matter how "skilled" the doctor is.
This will hurt those people in poverty!!!!!!!!!!
Minimum wage currently is not a living wage. The reason corporate entities pay their employees less is because they can and want to profit more. Forcing them to pay a fair wage helps those in poverty. A wage must be a living wage otherwise why even work if it isn't enough to live?
No, not to $15 an hour. I did not go into significant school debt for a degree that pays less than an employee at Mcdonalds. What would have been the point? That basically tells me I went into debt for nothing. I am drowning in school debt for NOTHING! Raising the minimum wage that much will only cause job loss, more automation and higher job competition. Which like in my industry means more unpaid 'internships' and less paid jobs with high competition. You can't make a living working for free.
It should have a minimum but it combines a number of issues: It goes up like it always has in small incremental stages:Yes, and adjust it every year according to inflation - No, most minimum wage jobs are meant to develop experience, not support a family - No, this will only cause prices to increase in a never ending cycle
No. The only reason it needs to be increased is due to the high cost of living. Lower the cost of living instead. Raising it will only raise the cost of living. If things are more affordable, then you can live on less.
We do not need to define the bottom. There will always be people willing to be at the bottom and there will always be people who want to keep people on the bottom. We need a MEDIUM WAGE that pays between 65,000 and 140,000 a year and clear steps on how to get there. As well as lifeguards to pull people out that are drowning from Minimum wage. Reward workers. Do the whole job, not just help stragglers
No, this won't help families trying to survive off of minimum wage because prices will rise too. They will still get the short end of the stick, and then other families will suffer too. The economy will grow stagnant and then our economy will flatline and no one will be able to do well.
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