I'm curious to hear the layman's viewpoint.
2006-11-07 15:41:33 · 13 answers · asked by shawn1980 3 in Politics & Government ➔ Other - Politics & Government
I'm not for sure but I want to hear the answers to this as well
God Bless.
2006-11-07 15:43:28 · answer #1 · answered by ۩ Cuthbert ♂ 4 · 2⤊ 0⤋
Minimum wage puts the lowest skilled workers out the jobmarket, and the problem thier no policy to determine which worker is working minimum wage that is working fulltime, and a worker that is teenager. Minimum wage increase is stupid most times because it makes it likely business will lay off the lowest skilled workers with this goverment mandate high more skilled workers, or small shops will have to let go of workers to keep running, and increase prices on goods. Also, 77% of ecomonists say mimunim wage is a bad idea it is. Want to help the low skilled worker give them tax credits, and income rebates if they need heatlh insurance instead of forcing the mandate on business.
2006-11-07 23:52:38 · answer #2 · answered by ram456456 5 · 1⤊ 0⤋
Every single argument against minimum wage that is listed here was said in the last election in Florida when we changed the constitution by adding the minimum wage amendment. And none of them came true.
2006-11-08 01:34:31 · answer #3 · answered by Carlos D 4 · 0⤊ 0⤋
It gives people who make very little money, a bit more money. Maybe they have a few more dollars to get by in life. I don't think massive inflation will occur if a few poor people have a few more dollars in their pocket each paycheck. How many workers actually make the minimum wage? Not enough to make a huge difference in prices overall.
2006-11-07 23:55:05 · answer #4 · answered by alcoh71 2 · 0⤊ 1⤋
Minimum wage increases the spending in society because it increases the cash that the lesser saving, lesser investing public has. This could increase the number of jobs. Sadly though, this increases price of products too at times.
2006-11-07 23:50:00 · answer #5 · answered by William B 2 · 0⤊ 0⤋
Nothing, it just raises inflation. Thats why when all these politcal ads say 'he voted against aising the minimum wage so he is bad!' are all wrong.
2006-11-07 23:43:44 · answer #6 · answered by Anonymous · 2⤊ 1⤋
People that have to work for a living will have a little more to spend and pay bills . It's good for the economy . When you have more money to spend , you buy more and create more jobs
2006-11-07 23:50:07 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Is does not cause higher prices, that's just not the truth. 23 States now have higher than the federal. $5.15 that is a 1915 wage. Also in the 23 Sates that have higher than Federal it has not caused job loss.
2006-11-07 23:46:20 · answer #8 · answered by jl_jack09 6 · 1⤊ 3⤋
changes you paycheck but raises inflation and lowers the value of your personal dollar
2006-11-07 23:49:19 · answer #9 · answered by Anonymous · 2⤊ 1⤋
Gives some people more money
2006-11-07 23:49:36 · answer #10 · answered by ? 7 · 0⤊ 1⤋