[dewilson58]

Originally Posted by Jazzman

employees be paid a higher hourly rate so that they remain with an employer and minimize job hopping.

NOT a benefit of raising min wage.

[La lamy]

I'm all for living wages that make sense for the economy of the day. There's a cost to anything being too cheap. People who can't make ends meet may be more of a problem than us paying a little more to help them live with dignity.

[davephan]

Originally Posted by Marty94

Changes to minimum wage affects not only small business that must absorb or pass on these costs, but will require the federal government to change its pay scale as well. At $15/hr, minimum wage will be significantly greater than an enlisted member of our armed forces and competitive with civil service positions requiring degrees. To put this into context, my son, a mechanical engineer, with an education cost over $300k, was hired by the Dept of the Army three years ago. His designs can be seen in many industries today. His starting salary wasn’t much higher than this approved minimum wage. The government will have a hard time finding college educated students with bright minds that will be willing to accept these positions. Adjustments will have to be made to remain competitive and that cost will be passed on to all taxpayers.

About 90% of the college majors have poor to low return on investment. Many people get a worthless college degree, and end up getting a low wage job that they could have obtained with no college degree.

I worked in low wage jobs for almost two decades, before going to a low cost technical college, and obtained a two year IT degree in one year. My starting wage at the IT job was double what I used to make. After about 15 years on the IT job, I was making 5 to 6 times the customer service job.

People need to invest in themselves to increase their job skills in careers that have a good return on the education investment in time and money.

In the trades, an electrician is equal to 3 carpenters. A plumber is equal to 5 carpenters. Moral of the story, become a plumber, not a carpenter, if you work in the trades.

The $15 wage is not a panacea. Target raised the wages to $15 and hour. At the same time, full time workers became part tie workers with no benefits.

Most people have it within themselves to do much more than they think that they can do. I limited my income for almost two decades, working low wage jobs. People have to acquire the job skills so that they can earn higher incomes.

With Socialism or Communism, everyone is brought down to the low level. Imagine hard working students who get A’s, are given C’s, so that all students can receive a C, even the lazy students, that are unwilling to work hard.

[Bay Kid]

Minimum wages are designed to be for entry level jobs, a starting point. From there you earn your way to better pay.

[Eg_cruz]

Originally Posted by OrangeBlossomBaby

They already overcharge you for a donut here at Dunkin Donuts anyway. It's cheaper up north, where minimum wage is higher. Don't blame costs on minimum wage. Blame it on greedy companies that know they can get whatever they charge you, because you're willing to pay it.

Stop it.....do you really feel that way. First The Village retail prices are the highest per square foot then anywhere else, plus they do a triple net lease. So has nothing to do with greedy companies other then the Morris family. Prices will go up and small businesses will have no choice but to close. This amendment helps no one.

[justjim]

It will take six years for Florida to get the minimum wage to 15.00. By then most States will be paying 18.00-20.00. A living wage is necessary for an incentive to get people of “Public Aid”. We “Pay” one way or another. Forty percent of working Americans do not have 400.00 in a rainy day fund and live from payday to payday. Perhaps our school system need to do a better job of teaching basic economics because parents are obviously failing to do what many of our parents did when we were children. Just a thought.

[retiredguy123]

If a $15 minimum wage was mandated and actually enforced, millions of small businesses would be forced to go out of business.

Many business owners don't even make that much money.

[sloanst]

Originally Posted by rlcooper70

Do you believe that people in Seattle pay double what you pay for coffee and donuts? Come on. You know they have mandatory minimum wage of $15 ... and their economy is going along very nicely. You are being manipulated by fear. Give up the fear and move on.

For those businesses that aren't burned out.

[dewilson58]

Originally Posted by Eg_cruz@comcast.net

First The Village retail prices are the highest per square foot then anywhere else, plus they do a triple net lease.

Stop, Stop.....it hurts too much.

[Hackercraft]

It’s not here yet but new fast food restaurants are replacing workers with kiosks and automated food assembly machines. Your next Big Mac could be made without ever being touched by a human. One technician per shift could run an entire restaurant.

[dewilson58]

Originally Posted by sloanst

For those businesses that aren't burned out.

Agree.

Not the community to model.

[sloanst]

Here is the answer to $15/hr. I couldn't have said it better myself.
YouTube

[jacksonbrown]

Originally Posted by sloanst

Here is the answer to $15/hr. I couldn't have said it better myself.
YouTube

He obviously never had to make payroll.

[STLRAY]

Many on here have expressed concern that the higher minimum wage will be inflationary. It will, but probably to a lesser degree than many fear. On average restaurants spend 30 percent of sales on payroll. Profit margins are 5 percent. Figure payroll costs will increase about 50 percent when this is fully phased in. (Some employees probably already make more than the new minimum) So, you can expect to see about a 15 percent increase in prices over five years if the owners pass all the costs on to their customers or about three percent per year.

[Going My Way]

Originally Posted by La lamy

I'm all for living wages that make sense for the economy of the day. There's a cost to anything being too cheap. People who can't make ends meet may be more of a problem than us paying a little more to help them live with dignity.

Do you know how many Social Services programs their is for those in need, more then the Middle Class can continue afford..