When is minimum wage too much?

Armistead · 05-10-11, 08:28 PM

They should set min wage to at least $12's an hour and cut entitlements.

Most that make min wage as adults use about every entitlement government program there is. The majority that make min wage are called part time, work 30 hours per week and thus don't qualify for company benefits.

Both sides of the debate are poor using such a low pay rate, it really has no effect or changed incentive in the past. Basically the same people would do these same jobs regardless.

As for business raising prices, cutting jobs or cost....let them, a competitive market would correct things, someone will seek to make a fortune by keeping prices lower.

Most studies show the top managment and CEO's could give up 2% of their income to provide a $10.00 min wage with no change to bonuses.

It would also increase taxes paid in..

Sure, many working teens out of high school and college students do this work, but the numbers are growing fast for adults now fighting for these jobs...If students make a mere $12 per hour for working like slaves they could better pay for college and government again should cut student entitlements.

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05-10-11, 08:28 PM	#7
Armistead Rear Admiral Join Date: Dec 2008 Location: on the Dan Posts: 10,880 Downloads: 364 Uploads: 0	They should set min wage to at least $12's an hour and cut entitlements. Most that make min wage as adults use about every entitlement government program there is. The majority that make min wage are called part time, work 30 hours per week and thus don't qualify for company benefits. Both sides of the debate are poor using such a low pay rate, it really has no effect or changed incentive in the past. Basically the same people would do these same jobs regardless. As for business raising prices, cutting jobs or cost....let them, a competitive market would correct things, someone will seek to make a fortune by keeping prices lower. Most studies show the top managment and CEO's could give up 2% of their income to provide a $10.00 min wage with no change to bonuses. It would also increase taxes paid in.. Sure, many working teens out of high school and college students do this work, but the numbers are growing fast for adults now fighting for these jobs...If students make a mere $12 per hour for working like slaves they could better pay for college and government again should cut student entitlements.