What do you think of how they are going to do the min wage increase?

Question

The bill would raise the wage floor in three steps. It would go to $5.85 an hour 60 days after signed into law by the president, to $6.55 an hour a year later, and to $7.25 an hour a year after that.

Answer 1

I think it's a great way to decrease full time jobs in America.

While making minimum wage stinks sometimes, it is appropriate at times as well. Does a High School kid need to make that much money?

Many businesses will be forced to reduce labor and cut benefits in order to make this work.

So while the minimum wage goes up... so will unemployment rates.

Our economy isn't strong enough to support this action.

The politicians want us all to believe that everything is hunky-dorey, but it's not.

Picture a small retail environment. High school aged Sales people might make $5.50. Your key holders might make $6.50. Assistants, might make $8.00, and the manager might make $12.00. To be fair, ALL of these employees would have to get a raise in order for them to maintain the appropriate payscale for each level. Most small retail stores are struggling as it is. Someone is going to have to lose their job in order to pay everyone fairly.

Answer 2

There are two minimum wage rates. One for the Federal Government and States that do not have there own minimum wage, and States who have a minimum wage above the Federal guidelines.

Depending on your State, the minimum wage could be higher than $ 5.85 now.

Answer 3

I think they should eliminate one step and start at 6.55 after the 60days.Cause cost of living increases faster then minimun wage increases.