This will be disastrous to many small businesses.
The city of Los Angeles just voted last night to force all companies in the city to pay $10.64/hour living wage. All companies, not just those doing business with the city like they did before.
But the Republican's tried to pass one and the demonrats defeated it...or did I read that wrong at the time???
I hope Bush is warming up his VETO stamp.... but I doubt it.
I doubt there are millions of people making the minimum wage.
And the republicans voted twice to increase the minimum wage this much, each time along with other things THEY wanted to pass, so it's hard for them to argue now that it's bad to do so.
Just be glad they aren't trying for ten bucks an hour now that they have the majority.
He worked hard, got a raise to $5.50.
He worked well, got a raise to $6.00.
He worked very well, got a raise to $6.50.
Now he's gotta watch as the new kid (if they hire one) gets the same thing he gets.
A lot of small businesses are going to go bust, and a lot of low wage workers are going to be unemployed. I hope that the GOP legislators understand that before they decide how to vote.
This is all about the unions. Min wage goes up- union wages must rise.
Free money!
"This will be disastrous to many small businesses".
...raising the minimum wage to $7.25 will not be disastrous. At present, very few companies, fast food etc pay less than $7.00. This whole minimum wage fiasco is the "FIRST ORDER OF BUSINESS IN OUR 1st HUNDRED HOURS" (said in deeply toned echo) because it's popular. People are truly too stupid to realize how worthless it is. Dems get a quick thumbs up. THEN they can really sock it to us. Any minimum wage is wrong. It's wrong for government to tell a private business owner how to operate, but we have so many under-acheivers/losers it's a feather in the dem hat.
anyone here ever gotten a 40% raise?
Clearing the way for more "jobs Americans won't do".
After all, whether or not your business income exceeds your outgo isn't germane to your role as provider of social welfare...
Too late dems, you've already been out-RINO'ed by my state house/senate/gubner in MI., no brownie points for you.
Hey, but at least they're not raising the minimum wage for illegals, so the Pelosi vineyards will be unharmed.
I would give myself a raise of the $2.25 per hour and demand the workers work harder after all I am now paying them more for the same job they had before.
See, part of the issue here is that Kennedy and such talk about the min wage increase as in "it's only another $2.10 per hour", but no one talks about the other monies. As I recall, there would be more $$ going into Unemployment, into insurances (not just their medical), into soc security, into 401K.
How much more does it really cost? That needs to be brought up each time.
So, Q, when you have a moment, see how much more that would cost you for 1 employee and let us know.
Why is it that these liberals just don't understand basic ecomonics? Forcing an increase in the minimum wage is not providing a "fair share" for people working in entry level jobs. When the minimum wage is increased employers have to either raise prices or cut jobs to afford the forced increases. If they raise prices, then all consumers have to pay out more - leaving them with less discresionary income. This includes those who just received the wage increase. So, the prices of goods and services still remain out of their economic reach and they actually lose ground as a result. People living on higher wages also lose out - so everyone suffers. Maybe that's what the dims regard as "fair". Then there is the issue of lost jobs resulting from forced increases in the minimum wage. So, the dims want these entry level employees to become unemployed and not have any income to live off of. Yeah, they're the party of the "little guy" alright. Now, let's take Quilla's 15 employees. If they are all at $6.00 an hour, the increase goes like this = 15 X $1.25 increase X 8 hours per day = $150 per day increased wage costs for this one employer. If they are paid for 52 weeks out of the year, then the increase in wages Quilla has to pay out is $150 per day X 5 days per week X 52 weeks = $39,000 per year just in wage increases. Unless Quilla increases his prices, he will have to pay out the equivalent of an additional 3.125 employee wages per year, or he will have to cut two jobs at least to keep competitive. Yeah, the dims have a great solution there, don't they? Why doesn't the entry level employee take the initiative to go get additional education/training so that they can obtain a higher paying position? That's what most of the rest of us do in life. I'd even be willing to consider programs aimed at increasing the work force skills so that people have the option of moving into better paying jobs. But an arbitrary increase in the minimum wage is idiotic at best. Why do people vote dims into office when we know that all they wish to do is decrease options for all of us.