The $15 an hour minimum wage
@Rohvannyn (3098)
United States
November 11, 2015 11:13pm CST
Why? Because inevitably, that higher minimum wage will drive up costs in every sector. Companies won't be able to hire as many people, so anyone still working will be overworked. My wage, which is more than $5 more than the federal minimum, will not be similarly raised so suddenly I'll be making minimum. People losing their jobs will mean more burden on the already stressed social welfare system. I'll have to pay for that, too, and so will you if you live in the US. We can already see this happening in Seattle, where this type of measure has already been adopted.
I ask you, what kind of short sighted fool would want to commit a financial crime of this magnitude, once they've looked at the result?
9 people like this
16 responses
@RonElFran (1214)
• Mechanicsburg, Pennsylvania
12 Nov 15
Obviously, there's a limit to how much the minimum wage can be raised at any point. But, having written about it, I'm familiar with the history of the MW. It was started by FDR in the midst of the Great Depression, when employment was issue #1. Opponents raised vociferous objections that it would kill jobs. It didn't. Neither did economic disaster strike after the MW was raised a number of times over the decades. All the doomsday prophecies put out by opponents every time raising the MW is proposed simply have not come true. History says a reasonable advance in the MW is good for the economy and for workers.
2 people like this
@Rohvannyn (3098)
• United States
12 Nov 15
I don't know if doubling it is 'reasonable,' though. Especially considering that the same troubles warned about when Seattle was deciding on the higher MW, have started happening. I do appreciate your historical perspective, though.
1 person likes this
@santuccie (3384)
• United States
6 Jan 16
@Rohvannyn Logical extrapolation is exactly what I'm trying to offer to you. Are you not open to it?
@Rohvannyn (3098)
• United States
6 Jan 16
@santuccie Please reread what I wrote. I think you missed some important points. Some of this requires a bit of logical extrapolation.
@Rollo1 (16679)
• Boston, Massachusetts
12 Nov 15
People will lose more jobs to automation, because machines will turn out to be cheaper to run. And as you say, what about people who have worked long and hard to get their salaries up to $15 an hour or more? Suddenly , all those years of hard work and raises are meaningless.
2 people like this
@santuccie (3384)
• United States
6 Jan 16
Technology advances, creating new jobs in the process. A few decades ago, there was no such thing as a software engineer, network analyst, systems administrator, penetration tester, or chat/email support representative. Today, the IT industry is hurting badly for new recruits. Jobs are not being eliminated with new technology; they're being replaced. People just have to keep up with the times, and evolve.
@scheng1 (24649)
• Singapore
12 Nov 15
Once the jobs are gone, they are gone forever.
When you think about the workers in Asia who want to toll for 16 hours just to make $2 per hour, you can see that the businesses want to close down the factories in US and Europe, and move to Asia.
In the context of developing countries, where qualified doctors who have qualified from US universities make just USD1000, you can imagine how low the wage of the unskilled workers is.
1 person likes this
@Rohvannyn (3098)
• United States
12 Nov 15
It's a good point you make. If minimum wage goes up to that level, even more jobs will be outsourced.
@santuccie (3384)
• United States
6 Jan 16
Actually, inflation isn't waiting for the minimum wage to go up; it has marched on while wages have stagnated (and some have even fallen). We can't NOT raise wages as the cost of living continues to rise.
@Jessicalynnt (50523)
• Centralia, Missouri
12 Nov 15
It's a vicious cycle.They need the money to live, if they get it the price of things will go up
1 person likes this
@Rohvannyn (3098)
• United States
12 Nov 15
Perhaps, but does anyone consider that an entry level, minimum wage job, isn't supposed to be a living wage anyway? It's generally meant for either young workers or ones who are supplementing pensions, etc. With the hiring shortage though, people can't move up and they are stuck at these low paying jobs. When I packed fish at a factory, doing a job that required only one or two movements, I did not expect a professional's salary.
2 people like this
@santuccie (3384)
• United States
6 Jan 16
Prices go up anyway. Wages stopped rising for the middle class years ago (and some even fell), while inflation did not. Pay people a living wage, and there will be some backlash from executives who won't be hitting the record margin they wanted this year due to the rise in cost. But as history has proven time and again, give the middle class some breathing room, and consumer spending will get the economy chugging along. Demand goes up, jobs go up to meet it.
1 person likes this
@Jessicalynnt (50523)
• Centralia, Missouri
13 Nov 15
@Rohvannyn yep that too, some cant get another job, or aren't willing too. I've known many who simply cant, and then they really get stuck
@Rohvannyn (3098)
• United States
12 Nov 15
That's a great example of what I'm talking about. Thanks for your response! By the way, good luck to him in finding work. I'm lucky enough to be in one of the few growth industries, but I know how hard it is.
@katsmeow1213 (28716)
• United States
12 Nov 15
Once minimum wage is raised, it's unlikely to be brought back down again, so we're all just going to have to deal with the repercussions of it. I'm guessing eventually all wages will be raised across the board as will cost of living.
NY recently passed the raise in minimum wage, although it will take a few years for it to go into effect. I'm seriously hoping that something changes before the wages are actually raised.
1 person likes this
@infatuatedbby (94914)
• United States
13 Nov 15
I definitely see more problems along the road with the $15 an hour minimum wage.
- Cost of inflation is going to kick in for (housing/rent, food, gas, basically cost of living as if it wasn't hard already)
@MakingCents (743)
•
13 Nov 15
A raise in minimum wage will basically make everyone else poor. It will raise the cost of EVERYTHING, and so people who went to school and worked hard to get say a $20 an hour job that was actually decent pay will now be lower middle class at best.
@softbabe44 (5816)
• Vancouver, Washington
13 Nov 15
We would all like to have that kinda raise 15 minimum wage.
@MarshaMusselman (38865)
• Midland, Michigan
19 Nov 15
I've said that for years, that when the minimum wage increases so does everything else. It would be nice if most employers would give raises to their employees without being delegated by the government. We pay higher than minimum wage even for people just starting out in the hopes that they will stay with us.
@NeldaHoxie (1381)
• United States
12 Nov 15
So it's okay for YOU to make good money, but not other people.
@ThankyouLord (698)
• St. Petersburg, Florida
14 Nov 15
You are absolutely right. Employers would implode if stretched to that degree, and what about all the people in companies that already make that amount? So the burger flipper all of a sudden makes what the night shift manager makes. So either the night shift manager feels slighted or you have to give her a raise, too, commiserate with the minimum wage increase. It doesn't stop there. Then you have the day manager who also wants a raise, and all the rest of the staff up the manager line. The snowball effect is terrible. Minimum wage was NEVER meant to be a living wage, and all the years I worked for minimum wage, I never expected it to be. That's why they call it minimum. Housekeepers now where I am get almost as much as I do, and I have a Master's degree and 30 years of experience in the medical field. It's gotten crazy.
@Teep11 (7673)
• United States
12 Nov 15
15 an hour won't work. That will create even bigger problems. What about those who have many years of experience? Goes that mean that their wages will also increase? It would do this country a great disjustice if that occurred. That sort of move would not be beneficial.
@Missmwngi (12915)
• Nairobi, Kenya
12 Nov 15
Well sometimes those who try to push for such things end up benefiting so they care less about others