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TopicIf you raise the minimum wage, prices will go up!
F1areaGaman
01/17/21 4:34:52 PM
#70:


TheOtherMike posted...
That's literally what the minimum wage was originally intended to do.


It was a very different time. Jobs like dishwashers, wait staff, public help, gas station employees etc were all paid under the table and/or thru tips and there was still a lot of apprenticeship going on.

It is ridiculous to ask employers to pay people enough for a car, a family of four, a mortgage + bills for unskilled work. That did NOT happen in the 1938 if that's what your thinking.

Now those apprentice jobs are gone and we are left with "minimum wage" jobs. If you saw the margins for the restaurant industry/retail, you will understand why minimum wage is such a debate. Esp if it suddenly jumps from less than 8 in some states to 15 bucks....it's going to take the market a long time to catch up, factor in complications from Corona virus and you could see the death of most jobs that are slightly above minimum wage like retail management, entry level office positions, etc and burden employees with greater work-loads, making it harder for unskilled workers to enter the workforce.

Add in the fact that a FEDERAL minimum wage is completely stupid, as each states economy is completely different. $15 in Michigan is very different than $15 in LA County. Why this isn't taken into consideration is beyond me.

I think a much better middle ground solution would be make the states minimum wage some percentage of the average cost of living or something, but then that could lead to other problems like industry moving across states or...idk, it's tough.

In only a few states in the federal minimum wage still is still applicable. Even in shitholes like Michigan minimum wage is at least keeping up with inflation.

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