Minimum wage: if you can’t produce enough value (as defined by strangers), you’re not allowed to earn at all.
Why do you hate poor people?
Minimum wage is $0.00. Pay people what they are worth to your business. If they produce value worth $15.00 per hour OK. Otherwise no.
The higher you drive minimum wage costs, the faster you drive minimum wage jobs into the waiting hands of automation.
The shift of those low-skill jobs to automation is coming no matter what, but once hiring low-skill workers becomes less cost-effective than replacing them with machines, they will be replaced with machines. Ergo, they’ll go from a low-paying job to no job.
My suggestion for the minimum wage is much simpler. It is zero.
The government has no role whatsoever in determining what an individual works out with an employee for wages. It is not a role the government is authorized to play via the Constitution. The government setting a wage is inappropriate interference the in marketplace. The government is preventing some kids and unskilled labor from entering the workforce because they are simply not worth the minimum wage in some situations. The minimum wage is a tool used by unions to force employers to increase wages to their people without being required to negotiate with employers. That is what the minimum wage is all about.
What are you doing at FR?
The government has made it illegal for you to work for less than $15/hr. This is a complete violation of your rights.
The only acceptable scheme would include anyone being allowed to opt-out and take trade their labor for any amount that is agreed to voluntarily.
Well I’m calling the white house to suggest unemployment benefits must also match the $15/he criteria. Who’s with me?
WHERE’S OUR DOUGH JOE n HO?
The government does not have the right to set a maximum or minimum hourly rate of pay.
The most basic of facts, which most democrats ignore, and many republicans, is that.......
Businesses are not in business to pay wages....
Businesses are in business to produce goods and services.
Thus, a worker gets hired to produce for the business, and not just to get a wage, minimum or maximum or in-between.
Somebody who is productive and performs for the business, deserves a fair wage, which is to be determined by the business owner (or manager).
A minimum wage, as determined by governments (at any level) is counter-productive and punishes the business. Punishing a business is not beneficial, either for the business or its employees.
Alongside those points is another point which democrats fail to recognize or choose to ignore. When a person’s wages is raised to a minimum, as defined by government, then, all the other employees who are earning a higher wage will be expecting that their wages be also increased. A minimum wage that is a bottom line for any job at any company, becomes a direct influence and a demand on all other wages within the company to be increased.
That is too complicated. I really do not have a problem with a $15 an hour national minimum wage. I truly think that most companies will survive just fine. What we really need is to implement E-Verify for all existing and future workers. That will help American workers more than anything else Congress might do.
Under the Biden Minimum Wage Scheme
Flat rate for everybody $12.00 per hour
Tax Rate how much did you earn send it in
The government has no business interfering in wages...also, why is it that you want to put teenagers and people who want to work for lower pay out of business? What did they do to you?
only works under absolute pricing control.
Things are priced based on local wages. That is, if a single person is averaging $2K a month, the rent market for a studio apt may average of $1500 a month. Raise local wages to $3K a month, rents go up to $2000 a month. 4K, $3500 a month. Multibedrooms are even more because it’s expected in this day and age that both adult occupants will be working.
And it’s not just landlords. Restaurants increase their prices (the $6 burger for $3 is now $8), grocers increase their prices, even doctors and dentists increase their prices. A tooth pulled in NYC costs more than a tooth pulled in Sweetwater, TX. And, the state and local tax authorities get involved. A landlord may hold his price at $1200, but the city doubles the property taxes based on wages and expected rent. The water company raises rates, garbage rates go up, and the electric company gets their share, too.
So it’s not just rent-control you’ll have to do, it’s price control everywhere - you can only charge this much for cereal, or rent, or electric, or a new car, based on current wage. A cadillac for me is $10,000 and for you is $100,000. My ‘wage card’ is brown, your ‘wage card’ is silver.
Local conditions have always been the best governor of wages. When govt gets involved in mandating wages it throws a natural balance off and ends up costing the individual more.
Seriously stupid.
I should add that my scheme has strong wage cost predictability, which itself is important in job creation.
There should be NO federal minimum wage law.
Let the market decide.
Let the employee add value to his place of employment, and let the employer pay based on value added.
PERIOD
Why does the federal government have to be involved in every freakin’ facet of American life???
Damn it.
Last time I went to a McWhopper, they charged my over 21 flipping bucks for 2 burgers 2 frys and 2 small cokes. It took them about 2 minutes and the order was ready. In an hour or so that tells me they’re putting out about $600 per hour out the drive through window alone.
So I would guess, if these people were making 15 bucks an hour, they are worth way more than their value in labor.
Minimum wage is very appealing to socialist ignoramuses and other people who don’t have a clue about economics. Is goes along with government price controls in the category of “things that cause economic disasters”
How about we stop making illegal the jobs that are worth less than minimum wage?
That’s all minimum wage does. It isn’t the amount that must be paid to all jobs, it is making menial jobs illegal.