You can't support yourself in todays economy on the current minimum wage. And if you can, you barely get by. I've read the studies and ramifications. And sure the big boys upstairs would feel it in their checkbooks for a short while, but the long run would see great promise.
Do you think $9.89 will help you keep a house and pay for food and pay the electric? YEA NO what is wrong with you people thinking that 9.89 will help you for your car or the house do you think living in a cardboard box is alright? No i think minimum wage should be upped a bit.
I do agree with this statement because if u see a taxpayer having to lend loans out to people and taking money that they will have to pay back it is worthless . But if we were to raise the average pay from $7.00USD to $9.00USD it will have a drastic out come for the family that are living in the dumps of America . America was built on the word of the four fathers to have equal rights and that includes the pay we receive . By that statement we are not full american's if we are not being as equal .
Have we lost our heart and compassion for people who services us? This question of whether or not to raise the minimun wage is more than a necessity. The average income for a middle class family of four is 54,000 per year. That was in 1996 and wages have not risen since then. The standard cost of goods and services continue to climb, but wages have remain unchanged. Why should corporations continue to profit at an increasing rate, but not share the profit with the worker. I think that 15.00 per hour should be implemented immediated.
Government should not increase minimum wage. As unfortunate as it sounds, raising the minimum wage will cause a drop in the job market. If a major retailer had to raise their wages for their workers they would have to get the money from somewhere. That means a raise in the price of goods and the laying off of positions that could be replaced by automated systems. The repercussion of this is an increase in Demand and a lowering of Supply. This means along with the minimum wage increasing, so would the expenses associated with living. There would be an increase in the PRICE of goods and services. A job Shortage would lead to a higher crime rate and poverty. Another part of this argument is the fact that minimum wage is not meant to be enough to sustain a person. This leads them to do their job to the best of their ability and get them a promotion. The idea is that a person will continue to progress in their field of work in order to increase their means of living.
Yes, raising minimum wage to $15 dlls per hour will help the actual global economic crisis in all living and prosperity aspects for the whole word, specially to our country & all citizens of united states .Imagine the future for our children & new generation to come? Therefore, we must act now before is to late. This will be just the starting of a right decision to avoid the worse global economic collapse. We have all the sources, technology, and brains to do it. But without capital and strong private investors we won't success. We must move forward for a better decent surviving life and better future, god blessed us.
Minimum wage is much to low to support an entire family. It males it nearly impossible to pay bills, buy groceries and clothes, etc...But if it was raised to, say, fifteen dollars an hour the average family of five could pay their bills with out trouble as well as buy life sustaining supplies.
It is important for the minimum wage to be increased because parents that do not have degrees can not afford to support their families without government help because they simply do not make enough money. People that have not gotten degrees because they could not afford them or have had families early and do not have the time or resources to go to school can not get a job that pays over minimum wage, most of the time. Raising it would help these people afford to support their families on their own. Also the minimum wage is not keeping up with inflation making it harder and harder for people to afford things, which is affecting the economy even more because people are not buying, or they will buy cheap things that are made somewhere else, which stimulates a different country's economy.
I earn the minimum wage, I work 45 hours a week but still cannot afford a night out. New clothes. A holiday. Yet I listen to unemployed who can afford so much more. I do not expect benefits to be cut, but I do think its about time we earned a decent wage for a decent days work.
Yes the minimum wage should be raised for one simple reason but I will give you many reasons to think about and something that nobody even thinks of.
The minimum wage should be raised because it has not kept up with inflation over the years. Therefore, its buying has declined by well over 70%. Because of this decline the minimum wage no longer does what it was intended to do. This intent was to give the lowest paid workers a decent standard of living and they were paid a real living wage. As a result of the fact that it no longer does what it was designed to do, the minimum wage should either be done away with totally or raised by a factor of 5 at the very least.
No, the government should not raise the minimum wage. Sadly, raising the minimum wage will hurt the smaller businesses that cannot afford to pay their employees more than what the minimum is now. Raising minimum wage is a vicious circle – the government raises it because it hasn’t been raised in years and as soon as it’s raised, everything else goes up immediately to compensate, so there really is no point at all in trying to raise it – it is a “no-win” situation.
Most of the people that are voting yes are the one being payed the minamage wage, but what about the people paying it? It is easy to say you want more when your not the one paying the cost. If it were easy for businesses to pay higher wages, then they would! Now think about this. If a buisness has 3 people working for it, and it is a very small buisness, but the people want to be payed more. So they start getting people to protest and then the minimum wage gets raised. The buisness can no longer pay all 3, so they fire one. Now that person that wanted more, has nothing at all. This is precisely what happened in Detroit. Detroit was known for having amazing cars. But after a while the people in detroit wanted the wage to be higher, so they made the car companies pay them more. In the end the companies could not afford to pay them, so after laying thousands of people off, they eventually all moved to a place where the minimum wage was lower, to prevent shutting down. This completely crashed the economy. So wanting something but not paying the costs is not all fair. And if you want to be payed more that much, go to a higher income job.
The minimum wage was never designed to be a "living wage", it was, for all intent and purpose, to be a safeguard against legalized slavery. If a company wants decent workers, they will pay a decent wage. If the jobs are too low paying, no one will want them and it will force the rates to be increased. Also, if the rates are too low, it will also discourage illegal immigration. A minimum wage job is a starting point, not a career. And continuously increasing that wage only raises the costs of all goods and those earning that minimum wage will have their income go less farther.
While minimum wage is not what we need as a "living" wage, it is not something that should be regulated or artificially inflated. Raising the minimum wage solves nothing. It results in higher cost of goods, higher taxes levied on businesses, higher unemployment, higher the poverty level, etc. You can raise the minimum wage to $75,000 a year and you will end up with a $75,000 a year poverty level.
We need to reduce our reliance in "low" cost imports. Given the scenario where there is NO imports of ANY goods into the United States and we have to rely on what we can produce and sell in country, what impact would that model have to our economy? Every purchase made would be directly circulated back in to the US economy employing more US workers. Currently I could not afford to buy "Made in the USA" items (providing they are available) more than 10-20% of the time. The poorer the population becomes the more we look to cheaper alternatives (goods). The cheaper goods are produced outside of the United States. It's not realistic to think we could become 100% self sufficient but there is a large gap that can be narrowed.
Encourage those that "have" to spend their money (and increase their spending) in the US on US made goods instead of penalizing them. Remember the "Luxury Tax" in the 80's? I think it was the 80's. I have to find that info again. It devastated the boat building industry in the United States and cost more in unemployment than it raised in tax revenues. It sent those that "have" scurrying out of the country to buy their boats, jewelry, etc. The boat building industry has never recovered to where it was before the "luxury tax".
There are many more issues that we should be focusing on that would provide a better "living" wage as opposed to trying to band aid the problem with a minimum wage increase.
Just say "no" to band aids.
Many people dedicate mass amounts of their precious time fighting to raise minimum wage. Their perception of minimum wage, however, only goes skin deep; their belief is that it should be a living wage, so that a low income laborer could provide for his or her family. The problem with that concept, as previously mentioned, is that they only scratch the surface when they decide what minimum wage should be set at.
There are two issues involved with ceilings and floors in the market place, shortage and surplus. When a ceiling is imposed, it causes a shortage, because the price of which a product has to be offered does not cover its cost of production; and producers don’t waste resources on things that aren’t profitable. The other aforementioned issue is surplus. Surplus originates when price floors are imposed, and you’re not allowed to pay any lower than the arbitrarily set price; even if the value of the product is less than the price that has to be charged according to law. An example of a surplus would be the correlation between minimum wage and unemployment. Businesses can only pay their employees so much for their work, and they will only compensate them for the value of output an employee produces. If the value of labor is set at an arbitrarily high price, it is no longer economically feasible for a business to higher an employee whose units of output don’t equal or exceed his or her compensation for work.
The phenomena that exists under these circumstances is often overlooked by many; and a recession only exacerbates the issue. While many highly skilled workers are out of work as well as low skilled workers, they will most generally be competing for the same jobs during a recession. A business, in turn, will be more likely to hire the high skilled workers over the low skilled workers, because they will get more output for the same price at which they'd pay for less output from someone with a lower skill set.
Minimum wage should not be increased because prices will raise. In order to pay employees the new minimum wage, business owners will have to raise the cost for their service.
Secondly, an increase in pay for a minimum wage worker will mean an increase in taxes for them. The poverty level for NC is $11,490 per year for a single person. If one person make $10,000 per year and minimum wage is raised from $7.50 an hour to $9 per hour, then their yearly income could increase to around $13,000. Even with the raise in yearly income, the increase in taxes would mean the minimum wage would not be enough to pull them out of poverty.
Lastly, if minimum wage is increased the employment will decrease. This is because business owners may not be able to afford to keep all employees even with a raise in prices. Employers will have no choice but to fire people who barely make enough money to support themselves.
Clearly, keeping minimum wage where it is is the better option.
When the minimum wage is raised, the status quo changes in small businesses. Because it has been raised, small business owners can no longer support the same amount of employees and because of this they end up reducing hours and/or the number of employees. This gives fewer opportunities to students trying to get part time jobs to pay for their education and others who are in between jobs and need something to support their families for a short period of time.
Raising the minimum wage backfires, as it makes it more difficult for teens and students to acquire beginning jobs. It increases business costs without a concrete knowledge of the factors involved in their decision-making and hiring process. The government should not be taking actions which may make it more difficult for workers to find jobs, however well-meaning they may be.
So many people are complaining about the fact that they can't support their families because they are being payed the bare minimum. Minimum wage isn't meant to support families. It's meant to support high school and college students who need to get some cash. All of this can be solved by getting an education and doing something with it.
Minimum wage is for the people who are starting out in the job market. Once you get the start you need to increase your marketable skills and knowledge to get the better wages. Not just get a job show no interest in increasing your skills and knowledge and expect to get more money just because you have worked for a company for certain amount of time. Besides if the minimum wage does go up to $15 per hour then businesses will in turn charge more for their products, imagine going to McDonald's and paying $4 OR $5 for a hamburger. I say absolutely no to such a crazy increase in minimum wage. If these people get the increase take away welfare checks etc. Get something, give up something.