![]() |
I stopped writing last night and this morning, I have read all the responses, did some verification research. Now mainly because no one insulted my opinions, but rather, (TKS PATTI55) gave me other things to consider, I would like to amend my previous opinion to the following:
Minimum wage is not a living wage for a family, but maybe it was never intended to be so. If you find your self in a minimum wage job at that stage of your life, it may be time to rethink your path and change it. Self education, Work ethics and Honesty most likely will allow you to move up where you are or get a shinning recommendation from your minimum wage BOSS and help to find that better paying job. I am bullheaded and rarely change my opinion, but this thread has done just that when it comes to making minimum wage $15,00 per hour. I thank all for their calm considerate posts that made that happen. |
Quote:
This is post #65 in a long thread about the minimum wage, and no one has given a moment of thought as to WHY there is a mandated minimum wage to begin with. Could it have something to do with an attempt to "legislate morality"? Why is it that some of those who recognize themselves as "realistic" seem also to realize that they come across at the same time as "unfeeling," that somehow "realistic" sounds like a good thing whereas "unfeeling" does not? I too owned an extraordinarily successful small business and was fortunate that when it disappeared virtually overnight to India (and let's leave "greed" out of the equation), I was of retirement age and so it was all right. Maybe that is a selfish thought on my part, but what of those younger hard-working American business owners and their hard-working American employees: Where does it leave them? |
Golfingnut - I applaud your open mind and even more that you shared your change of heart with us.
|
You know it does not really matter what the minimum wage is. I am sure most of us remember when the minimum wage was $1.25 per hour and that is what we had our part time jobs on. Now, it is around $7.50 per hour.
A GS-18 in the Federal Government at that time made $36,000 per year and that is the highest civilian pay grade. Today, that employee (called SES) makes about $175,000. As the lower pay scales increase, so do all the levels above them. If a hamburger flipper at McDonalds earned $15 per year or $31,300 per year, all the other salaries would double as well. We would see "paper inflation" where the salaries would look huge but then the cost of goods and services would also increase at the same rate. Your $2.79 loaf of Italian 5 grain bread would cost around $5, gasoline would double to over $7 per gallon, houses would double to around $600,000 and cars might easily cost $45,000 for a basic model. Conversly, if you took that back to the time when the minimum wage was $1.25 and other salaries were in line with that; prices seemed lower if we look back at them with today's prices - but all were in line with earnings. We all remember gasoline at .35 per gallon, McDonalds meal for 45 cents, houses at $25,000, and a new car at $2,500. |
Golfingnut - Thanks for your honesty. Don't forget that your intended purpose is honorable and right. Kudo's to you!
|
Quote:
How many customers would just stop going to fast food places if the prices doubled? Answer ... a lot. How many employees would then lose their job at the higher wage? Answer ... again, a lot. What's the net result of a good intentioned policy? Look at Detroit for an analogy. Have you personally ever actually run a business? Do you have any experience at all in this regard? Would you double the wages of your employees overnight and then expect to rack up higher sales?? There is such a chasm between the good things people understandably "want" and what reality allows well intentioned people to actually do. |
Quote:
I think that is something that most of us have to realize. We all want the same things, It's just that we differ in opinion on what re the best methods of attaining them |
It would be nice jet to see the MW keep up with its standing in previous years. If raising it 2 dollars per hour makes it equivalent with the MW in 1972 then let's do it and place it on a sliding scale to keep it equal with previous years.
|
If minimum wage doubled to $15, other salaries would go up in the same proportion and aso prices would go up in the same way to meet all those increased wages. It would just be hyperinflation and no one would benefit.
Do you think your Social Security retirement benefits would increase at the same rate to keep up with the hyperinflation? |
Has anyone seen all the nauseating photos the employees of these fast food chains that have been put on the Internet, which the media has picked up?
A staggering $15.00 for that? No! |
some where in the eqation there has to be a consideration for what some jobs are worth and especially not worth.
The driver cannot be the needs of the workforce. Used to be the single biggest advantage to meet the needs of the worker were hard work to get the next higher paying job. That seems to not even be a matter of fact or consideration in our "modern" era of expectations. btk |
This article has several crucial points to understand about this topic:
"Are national minimum wage protests at fast-food chains a spontaneous reaction to the slow-growing economy and sluggish labor market?Hiking minimum wage threatens U.S. jobs - Diana Furchtgott-Roth - MarketWatch |
Minimum wage is a starting salary for untrained, unskilled people. They are expected to be promoted above minimum wage when they learn how to work and can get a better job, leaving the minimum wage job open to another person entering the workforce.
|
Quote:
|
Quote:
|
All times are GMT -5. The time now is 05:28 AM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Search Engine Optimisation provided by
DragonByte SEO v2.0.32 (Pro) -
vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.