Posted on Mar 5, 2016
What are your thoughts about raising minimum wage to $15 for all types of industry?
12.7K
136
62
3
3
0
Responses: 41
Quite simply it is bad policy that hurts the person it is meant to help. I understand your desire is to help the hard working person but the problem is that government can't successfully impose a wage without a black or gray labor market forming around the actual market wage filled by off the book labor and illegal immigrants. If the government is successful then all business transactions will pass this cost to the consumer due to wage inflation. Businesses will also automate functions to avoid employing workers. It is best for all to have entry level lower paid positions that employees spend a short time in while training for a higher skilled job.
Here is how to test the logic of your argument, assign any number per hour. Why not pay entry level $100 per hour?
Answer: no new people will be hired or only hired when the business can be profitable employing the $100 per hour labor.
I prefer for the market to work and encourage people to pursue apprentince training programs like the Germans or formal education like College in the States. I have four children, I want all of them to have opportunities. Liberal policies like minimum wage only reduce the number of opportunities for all.
Here is how to test the logic of your argument, assign any number per hour. Why not pay entry level $100 per hour?
Answer: no new people will be hired or only hired when the business can be profitable employing the $100 per hour labor.
I prefer for the market to work and encourage people to pursue apprentince training programs like the Germans or formal education like College in the States. I have four children, I want all of them to have opportunities. Liberal policies like minimum wage only reduce the number of opportunities for all.
(17)
(0)
It's a horrible idea that will drive up the prices of all goods and services thus creating the same mess we have right now. You can't just increase minimum wages to fix the problem, then that just becomes the new baseline.
(13)
(0)
I understand protecting the little guy, but if they want $15/hour they should acquire a skill and work for it...I didn't think this nation was founded on handouts
(11)
(0)
CPO (Join to see)
I concur... thats my stance you must have a specific trait and skill to receive that incentives.
(1)
(0)
SSG (Join to see)
$15 an hour minimum wage in some areas of the country is crazy, that is a good wage for skilled workers where I live. My question for the guy at Mcdonalds who was 38 years old and has been flipping burgers for 8 years, do you have no skills or education. Why are you not at least a shift manager by now.
(0)
(0)
Read This Next