2007-07-12 03:20:50 · 7 answers · asked by Anonymous in Politics & Government ➔ Politics
Raising the minimum wage only raises the poverty level and the cost of living. It doesn't actually help anyone - and in reality hurts the middle-class Americans, because most of us don't get a raise to match the minimum wage increase while paying more for goods and services because of it.
Give the Democrats a few decades...soon they'll succeed in their plan to eliminate the middle-class and have just the poor and rich.
Abolish the minimum wage and pay Americans what their job deserves.
2007-07-12 03:26:00 · answer #1 · answered by theREALtruth.com 6 · 2⤊ 1⤋
yes, unfortunately.
What a lot of people dont get is that raises in the minimum wage actually take money from the people on the low end of the pay scale. Example: If you raise minimum wage to 7 bucks an hour, the people who already make 7 bucks an hour pay for it. The reason this works this way is because of the way business works. Businesses have what is called a payroll budget. An government forced increase in minimum wage DOES NOT increase a companies payroll budget. It takes from that payroll budget.So if a company has a sudden increase in their payroll cost, cuts will need to be made somewhere in that payroll budget. If a company hires some unskilled entry level person at minimum wage and the government forces them to pay them more, cuts will have to be made. Now anyone who has any sort of business training knows that in business, 99% of the time cuts come from the BOTTOM. So if a business needs to make cuts in its payroll budget, it will start at the bottom of wage earners.
Here is a better idea than expecting the government to give raises....the minimum wage worker can give himself SKILLS and make himself worth MORE than a minimum wage job.
People control their own pay much better than the Government.
I will give you a great personal example of how this works because recently my state increased minimum wage. I manage a dept for a large corporation in corporate recruiting. I have two types of employees I manage. Recruiters and phone support people. Recruiters are commissioned sales people, however because of state laws, I have to pay commissioned sales people something hourly, so they make minimum wage plus commission. My phone support people are mostly young people who make about 8 bucks an hour. Recently my state raised minimum wage quite a bit, so I was forced by law to give my commissioned recruiters a raise. Keep in mind that most my recruiters easiely make 6 figures in commissions. Now, part of my job running the department is making payroll budget. That minimum wage increase I had to give my recruiters caused me to go over budget. I had to make cuts. Im not about to cut the pay of my recruiters, they are the ones that make me money. So i had to cut the 8 buck an hour young people. Basically, I had to let a few of them go. So you can see, a minimum wage increase actually hurt the people democrats said it would help.
2007-07-12 10:33:43 · answer #2 · answered by Anonymous · 1⤊ 0⤋
The end of July in South Carolina its going to 5.85, up from 5.15
2007-07-12 10:24:54 · answer #3 · answered by godsgirlsg2 1 · 1⤊ 0⤋
Who cares? Hardly anyone gets paid the minimum anyway and if they do then they deserve it for not educating themselves.
2007-07-12 10:31:31 · answer #4 · answered by charlie_the_carpenter 5 · 0⤊ 0⤋
That depends on what state you live in. It was just raised in Michigan and they are trying to get it raised in Indiana as we speak.
2007-07-12 10:23:53 · answer #5 · answered by Anonymous · 2⤊ 0⤋
Here's an article with some of the facts:
http://citizen-times.com/apps/pbcs.dll/article?AID=200770711128&source=rss
2007-07-12 10:26:08 · answer #6 · answered by hottotrot1_usa 7 · 1⤊ 0⤋
In the year 3030.
2007-07-12 10:23:38 · answer #7 · answered by Anonymous · 1⤊ 1⤋