what is the reasonable ( why minimum ) wage ? $ 5.15 is really enough ?

Answer 1

to consider is minumum wage is enough, you have to consider the area and cost of living of that area,,,,,, i dont think you will find many places where 5 or even 6 dollars is enough,,

if you add rent,, food, car, insurance, gas, utilities, health care (both a plan and extra expenses) clothing,, non-food items for your home,, school expenses , child care, saving for retirement and burial etc etc no one can make it working full time at minimum wage. another problem, most of those jobs have no health benifits, sick leave, etc,

and the sad thing is, people who do give up welfare, with its food stamps , day care, and health benefits,,,, and go to work at that wage, often are in a worse position then before !

Answer 2

Minimum wage is just that, minimum. Unfortunately, the governement is medalling in commerce and it has no business basis. A salary should be determined on the worth, or productivity provided.

Now, if the question is if a minumum wage job is enough to live on, the answer is likely no. Normally, one needs to consider food, shelter and transportation (let alone other things). IT is not too likely that one can make a living at minimum wage. This is why many of these type jobs go to teenagers. If one wants more income, then they need the skills/education and or experience to demand higher wages from an employer. Otherwise, start up your own business. You could start with a networking business with zero to moderate start up fees.

Answer 3

Minimum Wage laws should be abolished altogether. It is simply a way to transfer income to a select group.
Ordinarily, when we decide to transfer income to some group or another—whether it be the working poor, the unemployed, the victims of a flood, or the stockholders of American Airlines—we pay for the transfer out of general tax revenue. That has two advantages: It spreads the burden across all taxpayers, and it makes politicians accountable for their actions. It's easy to look up exactly how much the government gave American, and it's easy to look up exactly which senators voted for it.
By contrast, the minimum wage places the entire burden on one small group: the employers of low-wage workers and, to some extent, their customers. Suppose you're a small entrepreneur with, say, 10 full-time minimum-wage workers. Then a 50 cent increase in the minimum wage is going to cost you about $10,000 a year. That's no different from a $10,000 tax increase. But the politicians who imposed the burden get to claim they never raised anybody's taxes.
If you want to transfer income to the working poor, there are fairer and more honest ways to do it. The Earned Income Tax Credit, for example, accomplishes pretty much the same goals as the minimum wage but without concentrating the burden on a tiny minority.

Answer 4

It is not weather 5.15 is enough but is it to high, or are the workers worth paying that much. people who get paid minimum wage are usually worth it or they would demand better and go El's were.

My employees are not paid minimum wage since they are worth a lot more, if they gave minimum wage results they would not stay around long.

Answer 5

5.15 may be enough for a high school student, what makes me mad is when people hire 30 to 40 year old and pay them 5.15hr, how can anyone with a family make it on that....they can't........ive been at one of my jobs for 11 years now and hardly made it to 9.00 hr and i have a second job making 14.00 hour, and still have a hard time sometime but ive got 3 kids to take care of. so overall 5.15 is not reasonable, minimum wage shouldve be raised when it was voted on last time.

Answer 6

Minimum wage in NY is $6.75. Minimum wage is not enough because a person can have more money living off of welfare per year than if they worked full time on minimum wage each year.

Answer 7

The base line was made based on cost of living. Its so low now becuse legislation did not raise it to match inflation.