Minimum wage

@sissy15 (12300)
United States
October 14, 2020 11:52pm CST
I always see people wanting minimum wage to be raised and while I understand where they're coming from the thing they don't realize is it's not going to help. The only way for it to help is if they freeze the prices of other things. When minimum wage increases so does everything else. When they have to pay workers more the price of everything else goes up. Sometimes some people will finally be getting ahead after having worked a long time and then suddenly their wage is close to or at the new minimum wage and then the price of everything around them goes up too and they're back to having issues. I think the issue is individual places that can afford it need to work on paying their workers better wages and giving them better benefits. You know places like Walmart can afford to pay more and they don't. By forcefully raising minimum wage it seldom changes anything and that's sad. At one time minimum wage could actually support a family with only one person working but that's not how it is anymore. Things are so different now and I don't have the right solution but I do know I'm sad that this is where we are. You don't have to agree with me but this is something I've noticed.
6 people like this
6 responses
• India
15 Oct 20
So as to spend more?
2 people like this
@sissy15 (12300)
• United States
15 Oct 20
When companies have to pay their employees more they raise the prices of everything and no one really wins because they're put in the same position they were already in.
@sissy15 (12300)
• United States
15 Oct 20
@piyushbhatia1 The issue is a lot of the places that don't pay their workers livable wages are places that could afford to. Instead of cutting costs at the top, they start at the bottom. I understand some places but not everywhere. We do focus so much on "they deserve a living wage" and not enough about how that's probably not going to happen but instead put us in a deeper financial hole because people like the elderly don't get a big enough increase to offset the increase in things like rent and food.
• India
15 Oct 20
@sissy15 Everyone is concerned about earning no one cares about expenses
1 person likes this
@rsa101 (38166)
• Philippines
15 Oct 20
It is a complicated issue to resolve since there are many factors to consider it since we have to consider employers affordability to pay their employees. You’re right that the increase in wages would affect the prices of everything which will just place them in the same situation after sometime. That is why they have to consider many other factors before deciding to implement an increase in minimum wage.
1 person likes this
@rsa101 (38166)
• Philippines
15 Oct 20
@sissy15 Although l am not totally against raising the minimum wage. There are some cases we really need to raise it since the minimum is really not livable already to the times already. That is why we should always classify and weigh things.
1 person likes this
@sissy15 (12300)
• United States
15 Oct 20
It also drives some small mom and pop places out of business because they can't afford to pay all of their employees a higher minimum wage and some people say then they shouldn't be in business at all then I feel that's a bit harsh because a lot of the time they don't have a ton of workers just a few and those workers already knew what they were signing up for. Now places like McDonald's and Walmart that's a different story. Ultimately they drive up minimum wage and once again it's the same issue and nothing is really solved.
1 person likes this
@sissy15 (12300)
• United States
15 Oct 20
@rsa101 I don't disagree in some cases but when people here want to raise minimum wage by four or five dollars an hour that isn't going to help.
@topffer (42156)
• France
15 Oct 20
The minimum wage follows inflation automatically here, and increasing minimum wage does not mean that you increase mandatorily other wages, the wages of public servants were blocked during 12 years, so what you tell is only true in a wild, 19th C like unregulated economy.
@sissy15 (12300)
• United States
15 Oct 20
It's a bit different here. Each state has different minimum wages and the inflation typically happens after the increase due to other inflation it's a cycle. It's not that it automatically happens but within time eventually, places start to inflate prices to keep up with having to pay workers more. There are people who worked years to get to a top pay only to suddenly have everyone making as much as them and they themselves don't get a raise. They were ahead and will eventually be behind again. It varies from state to state some places are more affordable than others. The US works a lot differently than a lot of countries. We have federal minimum wage and state minimum. Federal means that each state has to pay at least that amount and state is the lowest amount for that state and that varies. Federal I believe is 7.25 and Ohio just had another slight increase and is 8.70 an hour. When my mom was working in a factory when I was younger she was making 8 something an hour and back then the minimum wage was 4.25 an hour. She was making better pay. I don't know all of the facts of the economy all I know is whenever the minimum wage went up I'd notice the price of other things slowly go up like our rent would increase, I started seeing prices at restaurants and stores increase. Places that have a higher cost of living like New York and California do have higher minimum wages but they still can't survive on them. Originally there was a time when a family could afford to live on it but that's not how it works now.
1 person likes this
@sissy15 (12300)
• United States
15 Oct 20
@topffer @topffer I've found the vast majority of European countries are more expensive than most places in the US but you also have programs we don't. For instance, almost all of Europe has universal healthcare where in the US there are a ton of people living without it. Your taxes pay for certain things that benefit the country as a whole and therefore you typically have higher taxes and things but it's worth it. We definitely do things differently in the US. Our medical care here out of pocket is insane and our insurance often is overpriced. A lot of places don't have affordable insurance. Even with insurance medical expenses can be insane. Yes, you pay more for things but you also get more benefits than we do here. Our wages often don't meet the need for standard living. For being a first world country the US is behind in a lot of ways.
1 person likes this
@topffer (42156)
• France
15 Oct 20
@sissy15 In France the minimum wage is at 10.15 Euros ($11.88) this year for all the country. Switzerland has a system with local minimum wages by canton/state. For Geneva it will be 23.37 Swiss Francs ($25.53) on November 1st, but quite everything is more expensive in Switzerland than in France.
@jstory07 (139816)
• Roseburg, Oregon
15 Oct 20
When the minimum wage goes up so does everything else.
1 person likes this
@sissy15 (12300)
• United States
15 Oct 20
Yup, exactly.
1 person likes this
@pjmurphy (2499)
• United States
15 Oct 20
If minimum wage was at one time a living wage, it could be again. Policies need to change. And we need to believe that change is possible--and vote, vote, vote.
1 person likes this
@sissy15 (12300)
• United States
15 Oct 20
Honestly, I'm not even sure when it stopped being a living wage just that it did. We can vote all we want but until we get someone in that will actually do something about it nothing is going to change. The issue is a lot of the candidates aren't going to do anything about it. Even if we get a few good ones in they can't do anything about it alone. There are so many factors when it comes to changing things and we need to rebuild the whole system and simply voting doesn't replace the fact that others will vote against you or that there aren't decent enough candidates to change those policies.
• Sonora, California
15 Oct 20
That’s so true...
1 person likes this