jr81452
Member
true but i did say "big tobaco" there are always the offbrand smokes at the lower prices. bad example i know, but the only one i could think of at this hour.
You certainly will not learn of this in school. Do your own research. It would be better for the economy, employers, and employees if the minimum wage were eliminated entirely. It is a restriction on the free-market/free-enterprise system.
If they raise minimum wage, the cost of goods those minimum wage makers make will go up, and the demand for minimum wage earners will go down (meaning, some of them will lose their jobs). Bam, negative economic impact. Also, everyone who makes $0.50 or what have you more than minimum wage - and worked to get that raise will be pissed off to kingdom come because they're not likely to get a raise at all themselves.
If they raise minimum wage, the cost of goods those minimum wage makers make will go up, and the demand for minimum wage earners will go down.
Yep, then high school students could be payed a pittance for pittance work Most would probably still work for $4 an hour, I imagine
if you don't force them to raise their pay rates then they won't.
Those of you advocating raising the minimum wage don't run a business, do ya'll? If a minimum wage increase is implemented, the first employees to be fired or layed off to compensate will be the lowest employees. Like college students.
Another thing to consider is that the greater the discrepancy between the govt mandated wage and the market wage the more illegal labor will be in demand, so will illegal immigration increase at that point?
Suppose I own a gas station, now that the mimimum wage increases do you think my cost of doing business will increase?
From what I know the pay working at a gas station is usually above minimum wage as is. You wouldn't be forced to raise the wages of those above the minimum.