If you want to be paid by the customer, buy a McDonald's and make more profits with more customers.
I think that there should be a $2.00 MAXIMUM wage. I'm retired and don't care what you make.
2006-08-24 04:24:06
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answer #1
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answered by SPLATT 7
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The minimum wage hasn't been raised in 10 years, so it hasn't kept up with the cost of living. In fact, it's below poverty level. Greedy employers trying to maximize their profits make employees work for as little as possible and don't even feel guilty that they're taking home 50 times as much without doing one bit more work (probably less in fact). Worse yet, some don't provide benefits, so these unfortunate workers have to pay $150 a month or more for insurance when they can barely afford food and shelter. I'm sure some employers would pay less than minimum wage, maybe only a dollar or two a day, if there were no minimum wage. This is worse than slavery. Slave owners at least provided food, clothing, and shelter for their slaves. Today's employers just send them home exhausted without enough money to pay their bills. I'm not condoning slavery, just saying we need the minimum wage law to keep workers out of sub-slavery and sub-poverty conditions.
As long as there are greedy employers with absolutely no conscience, the minimum wage is the only thing keeping their employees living in anything other than cardboard boxes and allowing them to occasionally eat a meal that didn't come out of a dumpster.
2006-08-24 07:29:55
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answer #2
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answered by ConcernedCitizen 7
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First off companies are going to pay the LEAST that they have to hire for a position period. Being in management I know this to be a fact. 2000 more customers a day only means that McDonald's has more profit for the day. Look at tipped earners. Their minimum is 2.15 hr. And 99% of restaurants pay that because it is so low. Don't under estimate a corporations motivations, most large corporations see employees as an expense. And when they create budgets expenses are kept to a minimum. Especially payroll since it is usually the highest expense they have. Your just asking to put millions more on the streets homeless.
Go to college or a technical school get some training and then get a salaried job or a piece rate position. Piece rate is when they pay you by what you do. For instance you make 100 burgers in one day and they pay you 75 cents for each which means $75 for that day. Most pay a salary + piece rate and these can be found in the manufacturing industry and some service industries (delivery services, etc)
Good luck ! and Take Care!
2006-08-24 03:50:36
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answer #3
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answered by yahooanswersgirl 3
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Yes, but only because more people would be employed. A minimum wage means that employers will not hire and many people as they like, because the wage is higher than the contribution these people would make.
Eliminate the min wage, and more people are hired. Since more people are hired, more income is generated for the economy, and with more income, people spend more, then companies need to hire more people, the wages are bid up, and so on and so on in a positive feedback loop. The end result is that people earning the lowest wages benefit the most.
Sounds right wing and mean-spirited, I know. But I am NOT right wing. We have a minimum wage for political reasons, not economic ones.
2006-08-24 03:48:13
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answer #4
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answered by Crazy Eagle 3
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I agree. The main effect of the minimum wage is to increase unemployment and inflation....and to get politicians reelected.Without a minimum wage, more low-skilled workers would be able to get entry-level jobs that would otherwise be too expensive to offer at the minimum wage. Most people make above the minimum, anyway.
Eliminating the minimum wage would also get the government out of where it doesn't belong. The private, consensual decisions of adults shouldn't be interfered with by the state. I don't want the government telling me who I can sleep with or how I can have sex. Likewise, I don't like them telling me who I can work for and at what wages. I'll make those decisions myself, like any competent adult would.
2006-08-24 03:50:01
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answer #5
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answered by timm1776 5
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Yes. We should do away with the minimum wage legislation. It is a form of artificial supports (just like Jimmy Carters maximum gas prices of the 80's) and proven to be of more of a detriment, than help. Employers should be able to pay what ever they negotiate with their workers based upon the value added by the person. The minimum wage is a tool of organized labor that acts just like a back scratcher.
2006-08-24 03:45:06
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answer #6
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answered by scubadiver50704 4
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I once heard a solution to the so-called minimum wage problem: work hard.
The minimum wage was never intended as a living wage. It was intended as training wage to allow employers to hire teenagers. Let the market place determine the wages, not the government.
Raising the minimum wage is inflationary and does not result in crease productivity. All it does is increase the cost of doing business.
2006-08-24 03:54:59
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answer #7
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answered by Carl 7
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When are you running for elected office and in what state do you reside? LOL
Your grasp of economics is much greater than most politicians. Minimum wage laws are un-constitutional and do nothing to ease poverty (which was the original intent). Further, the law basically makes it illegal to pay an American citizen less - which is the biggest reason the federal government does nothing about the illegal aliens invading. All that cheap labor that works under the radar is too tempting to pass up for most businesses.
2006-08-24 04:14:40
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answer #8
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answered by mikey 6
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Sure lets do it. Might be a good idea to start 16 hour work days and 7 day weeks to go along with it! Lets make the working poor pay! Oh yes don't forget get rid of vacation time, sick time, and insurance. These poor people just cut into profits and my ability to by new BMW's and restate to much.
2006-08-24 03:43:38
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answer #9
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answered by Chuck P 3
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Prices are always what people can afford....and all prices would drop within a few months, if you did that....should all companies drop there wages.....no more profit, no less profit....it would all be the same, and even the gas prices would fall.......you raise the wages, everything goes up.....so either way, it does not matter......
2006-08-24 03:53:06
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answer #10
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answered by Anonymous
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