People don't want to raise min wage but...., page


Pages:
ATS Members have flagged this thread 5 times


reply posted on 31-12-2012 @ 10:40 AM by littled16
reply to post by sarra1833

I think most people don't have a problem with minimum wage being raised, but it presents a problem. Every time minimum wage has been raised the cost of goods and services ends up being incrementally raised as well, in essence making the wage increase virtually meaningless. Also those who already were making above minimum wage usually don't get any pay increase- thus when the cost of living rises with the raised minimum wage they see a marked decrease in their own buying power. It's a catch-22 situation.



reply posted on 31-12-2012 @ 10:55 AM by Anundeniabletruth
The problem with minimum wage being raised is that it's an easy excuse to jack up prices on everything and small business are forced to play by the same rules as larger businesses. Most people don't get any pay increase but are still affected by the increase to cost of living, while those earning minimum wage do get a small pay increase but the increase to the cost of living just cancels it out. I've known people who were working for a bit over the "minimum wage" to get sodomized by the raise because they were making exactly what the new minimum wage was set to so they went from earning however much over the minimum wage at the time was, to making minimum wage because they didn't even get a raise. Small business owners who only employ a few people also get the shaft. I don't know what, but something needs to be done about our screwed up system so that those of us who are willing to make an effort can afford to live without so much worries.

Edit for addition:

And it seems like they do everything possible to hold us down. I'm in college because I spent 5 years trying to find a way to survive but could never catch a break. Now I'm going to be neck deep in student loan debt when I finish... and to be honest, even with good gpa and a degree in engineering, the future just ain't lookin too pretty right now.
edit on 31-12-2012 by Anundeniabletruth because: Add
edit on 31-12-2012 by Anundeniabletruth because: (no reason given)



reply posted on 31-12-2012 @ 11:11 AM by freedomSlave
reply to post by sarra1833



Ever think about getting a truck license . I don't know about there but here there is always a demand for truck drivers it pays enough to support a stay at home mom and our two kids . I would recommend a trade but they are good if an area is booming .


reply posted on 31-12-2012 @ 10:05 PM by ANOK
Originally posted by littled16
reply to
post by sarra1833

I think most people don't have a problem with minimum wage being raised, but it presents a problem. Every time minimum wage has been raised the cost of goods and services ends up being incrementally raised as well, in essence making the wage increase virtually meaningless.


Prices go up regardless of wages going up. Wages stay low because of the massive competition for jobs.

If wages don't keep up with inflation then essentially wages go down.

Funny that profits always seem to go up though ain't it?
Pages:     ^^TOP^^



Lost film from 1906...this is awesome..
  Posted 2 days ago with 45 member flags
Mayonnaise Jar & Two Beers
  Posted 8 days ago with 30 member flags
Extremely rare photographs depicting massively historical moments!
  Posted 2 days ago with 28 member flags
The Only Man In The World Who Can Swim With A Polar Bear
  Posted 19 days ago with 25 member flags
You won\'t believe it until you see it...This Chimpanzee Can Cook!
  Posted 14 days ago with 23 member flags
Something I discovered at work in relation to sky noise.
  Posted 11 days ago with 21 member flags
Green mile actor MICHAEL CLARKE DUNCAN, dead at 54.... R.I.P
  Posted 8 days ago with 20 member flags