Quote:
Originally Posted by Guest
I cannot understand why Republiicans are against raising the minimum wage in increments to $15 per hour. Not all in one jump, but increments over a couple or three years.
Businesses could gradually increase prices and the consumer would not mind and the business would not suffer loss.
The minimum wage should represent a wage that a minimally employed family of four could live on decenty.
Democrats do not want to set a minimum wage as what to strive for but rather as a safety net if nothing higher or more skilled can be found.
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Dear Guest:
You state, "I cannot understand why".......................
for starters supply an demand Market value (see below)
loss of comparative advantage
loss of competitiveness
loss of productivity
numerical value/ market value of a job
loss of incentives
The federal government's intrusion into business with scheme such as this is simply ludicrous Every position has a set value and that value moves in conjunction with the market and with supply and demand.
Personal Best Regards: