will boosting the federal minimum wage make a difference?
@3SnuggleBunnies (16374)
United States
February 12, 2013 9:01pm CST
Right (2-12-13) now Mr Obama is stating the federal minimum wage should be $9/hr. That the current minimum wage at full time only earns $14,000 a year and that's unacceptable! Well I say DUH! Where have you been?!?!? Even if one earned 14k they could more than likely not live on their own or support a family with expenses.
I know I feel cheated for the amount I make and sadly if minimum wage would increase that would mean a raise for me. But still I would be under paid as many would feel as so many are underemployed between skills, hours (part time instead of full time employment) and wages.
Do you think this would be a good move?
7 people like this
17 responses
@peavey (16936)
• United States
13 Feb 13
Raising the mininum wage means that prices will go up accordingly. It's always happened that way. Minimum wage is set by individual states and that's the way it should be, because whether one can live on 14,000 a year depends on where one lives.
Lots of people do it because they have to. People like Obama who count their loose change in hundred dollar bills have no clue what it's like, so how can they make judgement calls about what needs to be done?
3 people like this
@3SnuggleBunnies (16374)
• United States
13 Feb 13
That is true costs of living do vary by place. I'm sure retailers would raise their prices due to this as well as what they've had to do to avoid obamacare (ie more part time jobs and less full time jobs).
Love your analogy about counting hundereds as loose change while the rest of us count quarters, pennies, nickels, and dimes oh my!
1 person likes this
@Fatcat44 (1141)
• United States
13 Feb 13
Minimum wage jobs are not career jobs. They are for high school student and those who need a little more income.
People who make a career out of minimum wage jobs need to rethink the career options. Most people, who are not worthless, should be able to easily find jobs that pay more than minimum wage. If not, the person needs to better him/her self. They need to get some education or tech training to be able to be employed at a better job. It is that simple.
The raise in the minimum wage will make it harder for high school and college kids to be able to get temporary, part time employment. Many employees will eliminate the jobs and go out of business, because the cannot afford the higher paying jobs.
1 person likes this
@GardenGerty (160879)
• United States
13 Feb 13
I am sorry to tell you, but this is not necessarily true. I have a two year degree, plus several different certificates that apply to the type of work I can find. I make $7.75 per hour. I do not even get interviews when I fill out applications. If the company I work for would put me on "full time" I still would only make $8.50 and they are very reluctant to do that. I worked as a middle management person for this company, on salary, and made $23,600 per year, but was on call 24/7. Even when I was out of state I got calls for my program. It was not worth it at all. What is sad is that I could take a telemarketing job, provided they would hire me, or a housekeeping job, etc. and make more. If I could get hired.
@Taskr36 (13963)
• United States
14 Feb 13
I don't know what field you're in GardenGerty, but I hope you love what you do because clearly, you chose a very low paying field. I'm a librarian and I consider my job low paying for the education and experience required, but I do it because I love it. That said, I'm making a LOT more than minimum wage. The only minimum wage employees in libraries are shelvers, and that's only in the libraries that didn't fire them all when the minimum wage was increased to over $7 an hour.
As Fatcat described, that minimum wage hike made it harder for young students to get jobs because most of those jobs were just completely eliminated meaning kids who want to work in libraries have no way to get their foot in the door unless they want to volunteer.
@mommyboo (13174)
• United States
14 Feb 13
No. the only way raising minimum wage would help would be if there is a nationwide price freeze. Putting caps on the amount or percentage of profit that companies can make. If we could do those two things FIRST, then we could raise minimum wage and it might actually help because the lowest paid people would then have more power with their dollars.
The reason this won't work the way things go is because every single place would raise prices to avoid losing ANY profit and if the prices get raised, it screws everybody, since they wouldn't have any more buying power than they did previously. It would also hurt people who make MORE than minimum wage by effectively reducing their buying power for no reason.
1 person likes this
@matersfish (6306)
• United States
13 Feb 13
If you could fuel your automobile for $20, feed your family with healthy groceries for under $100 a week, pay less for your mortgage and insurance, and basically get through without having to spend every penny of your paycheck to live, then making $14k would be a good salary. It's not the amount of money whatsoever; it's what that money gets you.
If things were $1,000 more expensive on average (I realize that's a huge leap lol), then a billionaire would be the new millionaire.
It's always what that money gets you.
When you raise minimum wage, it forces out part of the workforce. The unskilled, the newbies, the part-timers, etc. And. Rates. Rise.
We've been doing this sdrawkcab ssa for years here.
It makes people feel better. "Oh, I'll be making more money!" But then there's even more people who can't get a job. Then, in only a few years, what used to cost $100 now costs $140, and you're right back to square one. That $14k going to $16k doesn't matter, because it's the same amount of money per value, only now you have fewer people employed and a higher level of expertise needed to fill basic entry-level jobs.
If the politicians want to do something that would actually help, push harder for energy independence. If you brought the prices of utility bills down, people could have more money to spend! It would also mean that manufacturers and distributors would be saving money, and thus prices of goods would drop. And with fuel costing less, prices would drop. Get government out of housing so that home rates stop artificially fluctuating.
They try to even things out the wrong way around.
But, then again, if politicians could actually help people and solve problems, people wouldn't need to keep voting for them.
1 person likes this
@jambi462 (4576)
• United States
13 Feb 13
I don't think that raising the minimum wage is a good move, there are already plenty of jobs out there where the bosses are way too cheap to pay employees nine dollars an hour. Now if all people's wages were to be raised to nine dollars an hour there won't be very much room for raises or improvement in your wages if you are already earning nine dollars an hour.
Also raising the minimum wage will just cause inflation to go up even more. Prices of gas will surge because we need gas because we rely on it so heavily and oil companies will know that we all have more money. Also the more money you make the more money is taken out of your earned wages for taxes. Also there is a set point around sixteen thousand dollars where if you make less than that you get a lot more money back in taxes.
It's hard to say what the solution is but it is obvious that anywhere short of maybe twenty thousand a year isn't going to allow you to fully support your family. It's been a struggle for me to try and even move out of my mom's house. I had to work two jobs for a while and last year I barely made more than fourteen thousand. I've been working weeks where I'm easily working over fifty hours for about seven months now too.
Hopefully positive change is coming soon
1 person likes this
@eagletrek2 (5499)
• Kingston, New York
5 Feb 16
Min wage in New York state just went up at the end of 2015. So this is what just happen all the fast food places just increase their price on most of the food by $1.00 or more. The movie place raise their price $1.00. I use to make $3.00 more then min wage now I only make $1.00 more. Oh and place were I work cut ever one hours by a hour or two. And in my town the big stores like Macy and JC Pennys are closing their shops in the mall , Pennys close last year now Macy is closing it store. As a low income worker I am against min wage going up it does not help.
1 person likes this
@3SnuggleBunnies (16374)
• United States
7 Feb 16
TY for your reply as to the affects since the wage has gone up in your area. I totally understand that as my employer increased the minimum wage as well to compete with other employers who had raised their starting wage. Wich was very hard because I was just making a few cents more than the new "minimum" start wage. Thankfully they are stepping up to the plate in giving the rest of us increases as well. But like you said at what cost? increase in prices? closing locations? fewer workers?
@GardenGerty (160879)
• United States
13 Feb 13
As far as I can tell, it would not really help much. I would still need to work online to supplement whatever I made. My company as it is only hires part time people for the most part, which means no benefits. I try to buy all my food and things on sale. Hubby is retired early, from years of low paying jobs. . . then they take medicare out of your Social Security. Our house is falling down, and no money to fix it. My company has been in a staffing crisis since I started there, and that is nine months. If they paid more, perhaps they could attract more people and end up paying less over time to their burned out employees, but I do not know. It might save the company money in the long run, because these are hours that cannot go uncovered.
@Fatcat44 (1141)
• United States
13 Feb 13
Well, it appears one needs to look at the type of degree on gets.
My son is graduating with a Chemical Engineering degree and will be starting at a salary of about 100k.
You have to improve yourself in an area where there are good paying jobs.
I do not mean to be rude but this is life. Not all degrees are good degrees. And many are great ones.
My second son is going into Music Education. He knows that he will never make very much money, but that is what he wants to do. He could be an engineer also, but he has chosen otherwise.
1 person likes this
@GardenGerty (160879)
• United States
21 Feb 13
I have put up the negatives of my job, and have not listed the positives. The "staffing crisis" means I can work all the overtime I want, if I want. One positive is that this is not a job that can be downsized or disappear. It is a human services type position. I also need to point out that the economy allows "better paying jobs" to be picky. It is an employer's market. I have done management, with this company, and I have headed up a department in another, similar line of work. I have also worked in companies that provide similar services for more money but with more stress.The stress is not worth it. It is a balancing act. Yes, if certain changes do not take effect in the next two to three months, including full time status for me, I will be applying elsewhere. Like your second son, I have chosen to do things along the lines of service and education and home support. The good side of the company I work for is that they do randomly give us gifts etc. and I have a lot of flexibility if I need to be off work. If I can tell them dates I want off "just for fun" or whatever, enough in advance, I can be scheduled off.There is no prejudice against me for it. We have enough money to live on, which is more than many people have, and if I need more money, I am in control of how I earn it with which articles I write, etc.I can even take my computer and work online while at work at my job. If I was thirty years younger, I would be adding to my education. At this point the return on the investment of more schooling would not be worth what it would cost in time and energy. I have only three to ten more years of actual employable time left, and one reason I do not continue with management is because my husband is several years older than me, and no "better job" would compensate for time with him while we can enjoy it. I have buried one husband, having never had enough time to enjoy each other, and I do not plan to bury the second one and regret not spending time with him. It is all a trade off, but increasing the minimum wage would not really help me much at all.
@patgalca (18390)
• Orangeville, Ontario
13 Feb 13
I am in Canada. The minimum wage here is $10/hour. When I went to the States recently I found the taxes just to purchase product are much lower than in Canada. We had to pay $25 per checked luggage costing us $50 plus tax. In Canada when we left the total was $56.50 including taxes, in the U.S. on our way home it cost $51.17. Our costs for goods before taxes in Canada are much higher than in the U.S. And the poverty line is considered to be $15,000/year. The houses in the U.S. appear to be cheaper too. None of this makes sense. Doing that math, plus our basically free medical care, where would you want to live?
@scarlet_woman (23463)
• United States
24 Feb 13
on paper and in fairness,workers should get a raise.
however,you know as well as i do businesses will hue and cry about expenses (warranted or not)and raise the prices of everything just to be d*cks,and the extra money will mean nothing.
it's all a big business game.
@dandan07 (1906)
• China
13 Feb 13
Here many province had improve the minimum payment to attract more people to work in their place. Due to the one child policy in China, young population drops every year, it is hard to find enough young people to work in the factory or restaurant in a low income.
To make sure the economic can be healthy enough, local government try to give out some policy to attract young people come to work.
@dawnald (85146)
• Shingle Springs, California
15 Feb 13
Theoretically it would help, but I can just see companies jumping on the "I will have to lay people off" bandwagon...
@crossbones27 (49703)
• Mojave, California
18 Feb 13
You know whats funny about this issue. Many companies use temp services to find decent potential employees. Guess what all of these companies pay well over 10 dollars that use temp services. The employee still only sees minimum wage but many companies already pay well over minimum wage. Many small business actually treat their people fair. Its only the big rich greedy corporations and the service industry that this seems to be a problem. Common sense says if people can afford to buy things then the economy is going to grow. When people do not have money to buy things then the economy shrinks.
@crossbones27 (49703)
• Mojave, California
19 Feb 13
I agree with that. You know whats sad is if minimum wage went up by productivity, minimum wage would be 21.72 an hour. I have been reading all types of responses on this issue from your typical response of job loss and over inflation. To some people actually wanting the minimum wage cut back to $5 an hour.
Some people said if we paid people the 21.72 based on their productivity that people will just spend blindly and this landlord's will dramatically raise rent. and predatory lending will sky rocket. To me these are all excuses. I am sure a few people really have concerns about those issues but most likely these are the people that do not want to have to shell one more cent to their employees than they have to.
I do think there is some truth to these comments except the reducing of the minimum wage. That comment was just ludicrous. The only way you would get that to work is if you convinced the private sector to drastically reduce their prices on pretty much everything. Which we all know is not going to happen thus making the $5 dollar minimum wage argument ludicrous. That is just going to drastically drive up poverty.
The other points however could be avoided with proper education. Its really not that hard to save money as long as you are earning more than your monthly expenses. Educating people on how to manage their finances is the easy part in my opinion. OF course people need to start making more than what they have to pay on bills first. The harder part is how to teach the private sector not to screw their own customers. They need to learn that if you are driving people into poverty with your prices then that could be why your company is always endanger of going under. They creating a unstable economic environment with their own self inflicted wounds. Also we need to teach them that China and India are not the answer ether. If most everyone does what they are supposed to the system should thrive. Its when people start gaming the system when things fall apart.
I also think our whole college system is just crap. Don't get me wrong I know there is still some good schools out there and a lot of good professors but college is more about how to profit off of students rather than teaching them. Of course that's the problem with most everything in this country. It has become about profit instead of doing what actually works that makes our society better and function in a civilized way. I just laugh how complicated and hard we make our own lives when we don't need too.
@AidaLily (1450)
• United States
18 Feb 13
I have to agree with you in a sense. I mean look how many people felt they were able to buy more when there was a 2% payroll tax cut. Keep the prices as is or raise them a small 1-4%. I say this because in all honesty if you give people more money, they are going to buy and possibly waste more money. Businesses overall would get more because there would be many people who would have the 'I have more money to spend' mentality. That $40 blender which is now $50 (or stays $40) that people would pass on due to not making much, they would suddenly feel as though they are able to buy it but only if prices don't rise up ridiculously. It works for businesses because of that mentality I mentioned.
The only people who may lose out are some credit card companies and collection agencies but even then there will still be people in debt because there are people guaranteed to overspend.
With the extra $20-40 many people had from the payroll tax cut, I know a woman who took that and bought a rice cooker. Strange example, but yes she did. She always used a pot for cooking rice or a small container in a microwave but since she had extra money she bought that. Now if only businesses would imagine the profits of employees wasting that hard earned money on their numerous products. I think they would be happier depending on the type of business of course.
However, I do think minimum wage increases should be decided by state based on costs of living rather than federally mandated. I've had a few temp jobs in which the pay was between $14 and $20 an hour usually lasting a few months sometimes shorter and sometimes longer. Someone in one state may only need a nice $7-9 an hour job to live in their city while someone in perhaps New York might need closer to $20 or $30 an hour.
@bjc66bjc (6730)
• United States
14 Feb 13
with everything else in this world going up in price I see no reason
why an increase in the mininum wage could not be a good move...A lot
people feel they are not getting the wages they shoulde getting but
thats not the Presidents issue that the employer pay scale..
I truly hope that more people will feel gracious for the raise in the
minimum wage...Now no one is going to become rich from it be it is
certainly for the better of a lot of people...
Yes I think any improvement is a good move....this is example to me that
more is better....I can't imagine any minimum wage worker saying
'THEY DON'T WANT IT"....
@nmariean (19)
• United States
13 Feb 13
Raising the minimum wage will not make a difference in anything. Whoever makes minimum wage will still be making a poverty line salary. Even with two people working in the household, they will not make enough to survive unless they live in a very low cost of living area. In NY, there would have to be four people making minimum wage in order to afford a two bedroom apartment.
@MoonGypsy (4606)
• United States
13 Feb 13
unfortunately, i don't see how raising wages is going to beat the rising cost of everything else, but we will see how it goes.
@Hatley (163776)
• Garden Grove, California
13 Feb 13
hi 3snuggle bunnies I do mot think its a bad thing but make it fifteen then you have done some real good as its way past time for an increase in minimum wages. Yes It will help; as a lot of employers will give a cost of living wage to a good employee even if he or she is on minimum wages as they want to keep good employees.
Some feel by keeping good employees well paid they will produce more and he will make a bigger profit too.
@lelin1123 (15595)
• Puerto Rico
13 Feb 13
It would be great if they raised the minimus wages however, what would be the point if they are raises everyones taxes. It makes not a bit of sense because the extra money will end us going to your taxes. Its one vivious circle. We need to raise minimim wages to 10.00 and hours and not raise the taxes of the poor or middle classes. That is what I believe should happen. Of course we know it won't.