Who is supporting all these people too good to work for min wage?

Question

inquiring minds want to know

Answer 1

I'd like to know exactly what you are talking about. Please, ask questions that make sense.

Answer 2

Somebody too good for minimum wage.... oh yeah that's me! I go to college and I refuse to work for a mindless minimum wage job. No intelligent person should be forced to do work that a monkey could do. There are plenty of idiots that are willing to work for peanuts doing mindless tasks - I am not one of them.

So, who supports me? My family pays for my tuition + room and board, which is really all I need (total of about $11,000 a year). As for drinking and smoking and all the fun stuff I shouldn't be able to afford - I get a little money every month from my Grandmother's estate and I used that to keep gas in my car, cigarettes in my pocket, and to go to the bar once in a while.

This inquiring mind would like to know why you asked this question? Your question makes it sound like you think working for minimum wage is some sort of priviledge that we should all be happy to have. The fact is - nobody can live a normal life working a minimum wage job. It is humiliating to work at such an idiotic job, and the "opportunities for advancement" are always total crap. McDonald's can only hire so many supervisors - and even they don't make much.

Answer 3

Minimum wage is a price floor. It doesn't set anyone's wage. It is simply the wage below which it is illegal to hire someone - which means that if the market value of someone's labor is beneath the minimum wage, he is legally unemployable. That is why in the absence of a minimum wage increase, the proportion of workers in this country that make minimum wage has fallen dramatically. It is also why 3/4 of people making minimum wage now will make at least 20% more within a year.

Now, usually minimum wage increases are passed when market wages are rising - which is the case today - and minimum wage laws have dozens of exceptions covering most people who actually earn it, and are phased in over several months, and so usually the increase is from an economically meaningless level to another slightly higher economically meaningless level and those are the reasons the past increases haven't cost jobs. Simply put, if McDonalds pays $8.50 / hr to start, and Starbucks pays $9.50 plus benefits, the fact that raising the minimum from $5.25 to $7.25 over a nine month period with dozens of exceptions doesn't cause massive job loss doesn't mean anything. Good examples of economically meaningful price floors on labor are France and Germany - both have much higher minimum compensation standards than we do and as a direct result both have chronically high unemployment rates - typically 2 to 2.5 times our own.

Seriously, why can't people understand this? You go to the package store Friday night and buy beer, right? You see Milwaukee's Best for $14/case and Heineken for $22 and Spaten for $28. If they passed a minimum price for a case of beer of $25, do you think people who presently pay $14 for Milwaukee's Best would just plunk down $25 for it? Of course not - they'd buy less or they'd upgrade. Why do you think it works differently with labor?

Economic law is economic law. It's just like physical law. I'm not saying that if someone jumps off the Tobin Bridge, she deserves to fall to her death - I'm just saying that she will. The Democrats seem to think that she won't if the Legislature repeals the law of gravity....

Answer 4

I am not too good to work for minimum wage, I am too smart.

BTW, even a minimum wage job has the opportunity of raises if you do your job right. The only excuse for working for minimum wage is you are too lazy.

Answer 5

Me. I didn't work my a** off for an ivy league education to make $5.15/hour. So I support myself with a much higher than minimum wage salary.

Thanks for asking.

Answer 6

those who are not too good for .

Answer 7

Our taxes,

Answer 8

The American Taxpayer!!!!!!!!!!!!!

Answer 9

You and me... any other questions?