If you were to raise minimum wage how is this going to do any good?

Question

It will devistate our economy. People that work for 8.00 bucks will have school kids making about as much as them. They get 7.50 for just starting out? The employers Wal-Mart and Target will not be able to afford that. So they will half t cut lose workers and lower employment. If they decide to keep the workers prices will jack up so that people that had 8.00 buck sallerys will be able to by as much as a school kid who just started and does not work full time. If the person that is working full time has a family for 7.50 how will the be able to afford food with the prices jacked up? More companies will now go oversees to have their jobs. Because it will be cheaper so we will lose jobs.

Answer 1

7.50 and hour is better than 7.00 an hour. It adds up.

Answer 2

1) you're an idiot- simple as that, don't know any other way to get that message across other than to just be frank. 2) Half of the states in the country already had minimum wage rates high than the federal min wage so it's not going to hurt that bad 3) The purchasing power of today's min wage worker is the lowest it's been in this country since the Great Depression so this raise is long overdue. 4) how come you're not complaining about salaried workers who recieve raises for inflation on an annual basis when min wage workers never recieve this kind of adjustment to their paycheck. 5) jobs aren't going to be lost overseas, Target isn't going to all of the sudden pick up their local store and stick it in India thinking that the local customer is going to fly to India, pick up their tooth brush and tooth paste and then fly back home, so that's just a stupid comment. The min wage rate affects people who work for Target on the sale floor or the housekeepers in the hotels we stay at, and those jobs will never be shipped overseas. The min wage doesn't affect the factory worker or mechanic for the airlines...those jobs are outsourced for other reasons not because of the min wage. and 6) your comment about Target and Wal-mart is absolutely ridiculous. Wal-Mart is one of the biggest companies in this country and they make many millions and billions of dollars so don't give me that BS about them not being able to afford it...Congress is doing this because of companies like wal-mart who don't allow their employers to organize and negotiate fair wages on their own behalf. It's because of employers like Wal-Mart who continue to pay their employers the bare minimum that this country has a minimum wage at all, so they asked for it. They could have just done the decent thing in the first place and pay their employers a decent rate and then the government wouldn't have to get involved, but they didn't so the government must intervene

Answer 3

I don't think you should lose any sleep worrying about Wal-Mart and Target. They're doing fine regardless of what the minimum wage is. The only people who seem to be complaining about raising minimum are the people who have never worked for minimum wage. Companies raise prices all the time. This just gives them one more excuse to stick it to you one more time.

Answer 4

I think you people misunderstand. The house approved a minimum wage increase. it now goes to the Senate for approval. If the Senate approves it without any addition it goes to the President for his approval. The house approved the minimum wage to go up 70 cents a year for three years. A person working 40 hours a week for 52 weeks equals $1456 a year. Now multiply that number by the number of employees where you work. Don't forget your employer pays half of your Social Security so that also cost the employer more. It is mandated they carry workers compensation on employees. this is based on paid out wages, so this also goes up. Say you have ten employees, the raise in the minimum wage has the effect of adding $18,000 to your operating expense. Where do you make up this money? You raise prices. Which in effect makes the raise null and void, and for those that earned more than minimum wage, they have lost dollar buying power. Now this is going to repeat for three years in a row.

Answer 5

I find it disgusting that this debate is even taking place in America... not only is it technologically behind Europe in some ways (no digital radios you can buy off the shelf, you can still sign for credit cards exposing yourself to fraud), socially behind in many more ways (no guaranteed paid maternity leave, no observation of civil unions, no unpaid paternity leave for fathers, no government declaration that 'intelligent design' is unfit for schools' national science curriculum, no obvious or easy way to democratically get rid of a leader before his term of office is over, no free health care from cradle to grave [France and the UK spend about 33% less per capita on health care than the US does, even though cancer treatment and heart operations are free. The US is the only industrialised nation other than South Africa with no health care. That includes South Korea, Japan, Poland and Russia.], a death penalty that you can't have if you want to join the European Union, but is fine for Nigeria, China, Iran, Saudi Arabia, Russia, and the United States), but the minimum wage in the UK is £5.35 an hour. That's US$10.34. How can anybody live at half that wage, even working full-time? No wonder crime is so high, and the amount of Americans in jail on drugs crimes is higher than the TOTAL in jail for ALL crimes in the NEXT 25 INDUSTRIALISED COUNTRIES COMBINED! Americans (300mil) have more people in jail than China (1.3 bil).

I bet they don't teach that in the schools!

Answer 6

It will not devistate our economy. It will allow more people to make closer to a living wage. How many people do you know raise families on 7.50 an hour?

Answer 7

If you have to pay an American 7.50 per hr and you can get an illegal for less so what will happen

Answer 8

if we were to. we already did. $7.25. house passed it about a couple of hours ago. and yeah it does have it's negatives and positives. but you can look at it as these things are already happening so, they'll just continue. or get worse.

Answer 9

well, hundreds of economists and six nobel prize winners in economics disagree with you.

What happend after Clinton raised the min. wage in 1995? The greatest economic expansion in the history of the US.

Sweet dreams.