Why not? All the reasons being given here to shoot down the increase to $15 should apply to the increase to $7.25.
I obviously mentioned where I had my info from... so no one would think I was claiming any sort or expertise... But the funny thing is... he is better authority than you, (when you are commenting on economics or law.) While he is has not gone to culinary school or restaurant management school (he is a freshman focusing on sciences right now) At least he works in that field when he comes home from school. You have neither and econ degree nor a law degree - and you have no useful experience in those areas either
How out of touch with reality are the right wing members of this forum? A whopping 83% of Americans support raising the minimum wage. https://finance.yahoo.com/news/83-o...inimum-wage-is-not-enough-poll-184507957.html Raising the minimum wage is coming. The only question is how high to raise it and how to support small businesses during the transition. My bet is $12 a hour phased in over 3 years at 6 month intervals with tax credits based on revenue capped somewhere around $2 million.
Exactly.... Min wage has stayed the same for 20 years while all cost of living has increased. Also so many large and small businesses pay well over min wage showing that it is viable to be higher. the floor should be raised and can be done so to not cause major overnight shocks and most advocates are pushing for a phase in and regional differences. Better someone making more money than making more welfare. If there are initial job losses so be it but wages have risen over the past 10 years naturally outside of min wage and we are constantly creating new jobs right? So in the long run we will be ahead.
The true Liberal philosophy behind this is that this is a tax on the wealthy business owners Since liberals seem to feel all people who employ others are exploiting their employees and the owners are really the filthy idle rich The doubling of the minimum wage will also increase Government tax receipts So in their world the winners are the employees the government revenues and there own sense of doing good...and big business But we all know that most business owners are living week to week in the funding of their business The losers are :less employees, consumers ( it is a consumer tax ) and new risk takers
Salaries have been rising in many areas on their own and yet no less employees or less consumers... so much generalized bullshit just because you want to pay someone $58 a day...
Among those paid by the hour, 434,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour. About 1.3 million had wages below the federal minimum. Together, these 1.7 million workers with wages at or below the federal minimum made up 2.1 percent of all hourly paid workers.The percentage of hourly paid workers earning the prevailing federal minimum wage or less edged down from 2.3 percent in 2017 to 2.1 percent in 2018. This remains well below the percentage of 13.4 recorded in 1979, when data were first collected on a regular basis.
S o the market al ready went up from the min wage, so it shoudl be lifted no probleme. Thank you for supporting it with data. The fact that 1.3 million people were earning less than min wage is criminal.
note... I have not taken a position with respect to min wage. I am just countering the bullshit I see from lefties implying that it does not cause job loss and business loss. In a sense I am simply agreeing with my day 1 - econ 101 class a. Marginal this equals marginal that. b. There is no free lunch c. You can't mess with the invisible hand forever.
People vote with their dollars - or should. It's exactly why I own zero Apple products. And only in recent times why I do shop on occasion in WalMart.