I think the minimum wage should be the annual cost of living for one person at poverty level divided by 2000. This way, working full time for one year would pay the expenses of one person living at the poverty level.
2006-06-17 16:27:21
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answer #1
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answered by crao_craz 6
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If minimum wage was 10 bucks an hour, many businesses would go out of business. Do you realize on top of salary, employers pay 1/2 of your social security taxes, workers comp insurance, state taxes, etc etc. A $10 employee costs a company about $13/hr. It would simply be too expensive to continue. Those that did continue would pass the cost on to you, the $10/hr consumer, further increasing your cost of living, requiring you to then complain that maybe you should be getting $13/hr instead, costing your boss $17/hr in reality.
Instead, get a roommate, a college degree, move to a cheaper town/apartment or slim down your budget. Why do you have bills? They are for luxuries (yes a cell phone is a luxury), no doubt, so live within your means.
2006-06-17 16:35:46
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answer #2
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answered by bathagent 2
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This is a difficult issue. Barbara Erenreich who wrote "Nickle and Dimed" wrote about low-wage employment, which many people end up in. Getting an education doesn't necessarily "cure" this either, as another study showed that more than half of Canadians who are educated beyond high school are working in field that require only high school and with huge student loans to repay, this is an issue. There is a trend where people in their 20's and 30's are moving in and remaining at their parents' homes because they cannot pay for rent and bills on their own; these are the lucky ones who have parents who can help, or people they know they can share with.
I have met full-time students working two or three full-time jobs to keep up with expenses and tuition costs which have risen sky-high. I worked full-time and went to school and I became very sick because of this; I was only in my 20's as well and started off healthy. I think there needs to be a healthy balance here.
Whether you rent a home or buy one, it is much more expensive today than it was ten years ago. For many people, housing costs are exceeding 70% of their income. This cannot be sustained. Yes, and many of these people are working!
Education doesn't seem to help much either; I have three degrees and I cannot find ANY job, so I had no choice but to join the ranks of the self-employed. The problem of minimum wage and working poor is much more complicated than people say, but it warrants true examination and study.
2006-06-17 16:59:24
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answer #3
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answered by Angela B 4
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There should be no minimum wage. The minimum wage is not supposed to be something that you live off of. It is for teenager first jobs, part-time jobs, and a safety net. Companies should have no obligation to pay anyone any more than that company thinks they are worth. Setting an arbitrary minimum wage in certain industries only means that fewer people can be hired and prices will have to increase to make up the difference.
2006-06-17 16:29:13
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answer #4
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answered by Anonymous
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While I believe that many people are struggling at $5.15 per hour, I don't believe that minimum wage currently should go up to $10 for these 5 reasons:
1) Cost-cutting would inevitably occur for many businesses that pay workers minimum wage
2) The primary population that would benefit are younger teenagers who come from more affluent families anyway and are likely looking for part-time jobs to earn extra spending money
3) If a person is homeless, has no phone number to be reached at, even to get an interview, cannot maintain a basic level of hygiene due to his or her circumstances, etc., chances are, the clean-cut teen will get the job at McDonald's over him or her.
4) Prices will likely go up for many businesses, from small to large, to compensate for the higher wage structure.
5) Unemployment will inevitably rise as more and more companies will be forced to reduce hiring and labor expenses.
Eventually, with higher inflation, lower unemployment, higher productivity, etc., perhaps we can begin increasing minimum wage more aggressively, but I don't believe that now is the time.
2006-06-17 17:01:08
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answer #5
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answered by Selina Kyle7 1
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I do. I cannot understand why people freak out about raising the minimum wage. At the same time, they complain about people being on welfare, saying "get a job!" and wondering why kids grow up without parental support. It is because many people work two to three jobs on crappy minimum wage just to put food on the table and pay their rent. If the minimum wage was raised, think of how many more kids could spend quality time with their parents, and have their parents help them do their homework and read with them. This in turn provides the community with kids who love to learn, which encourages them to stay in school, which encourages them to go to college, which encourages them to find not just a job, but a career. In the end, it is best for everyone.
2006-06-17 16:33:11
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answer #6
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answered by lilpointyhat 2
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Every time the minimum wage goes up employers are forced to choose between firing employees, cutting benefits or raising the price of thier product to compensate for the extra cost of paying the higher wage. They ultimately pass this cost on to thier customers which raises the cost of living. This, in turn, causes liberals to complain that the minimum wage should be raised because of the increased cost of living.
Does this make sense to you?
2006-06-17 16:35:46
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answer #7
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answered by ihcase1456 2
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If the minimum wage went up to ten dollars an hour, instead of people getting paid $5.15 an hour, they would be paid nothing because millions of small businesses would have to close. Prices for everything would go up. Even for large business like McDonald's, the prices of food would go up so much, they would have problems. Would you pay double the price of many things you buy everyday? I doubt it.
2006-06-17 16:28:16
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answer #8
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answered by dh1977 7
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I think there should be no minimum wage, let the market handle that. but I do think there should be a safety net so that basics are taken care of.... Basic healthcare, food and lodging should be provided by the state for those who can't afford it or partially for those who can partially afford it.
The idea is that peoples needs can be taken care of but people can still have the freedom to go all out in achieving their life goals.
2006-06-17 16:34:10
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answer #9
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answered by kroe_6 3
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perhaps some of these families would find it easier to live if they would forego the dish network, the internet, big screen tvs, beer, cigarettes, and such. try NOT using a credit card. try coupons. try car pooling. try going to college to make more than $10/hour. try an electric fan instead of blasting the a/c, try an extra blanket instead of blasting the heat. try birth control and not have 10 kids you can't feed and care for properly. i live in appalachia and i deal with this DAY AFTER DAY.
i worked HARD in college to get where i am. i work HARD on a day to day basis. i cut coupons and recycle for extra change. we can't stoop over to say 'poor you' all the time. america as a whole is getting lazier and dumber and it's a little scary. if you want more, work more. period.
2006-06-17 16:38:37
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answer #10
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answered by Jenn 4
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