insein
Senior Member
nosarcasm said:minimum wage should be at least 8$ an hour. 320$ a week.
Just enough for an one bedroom apartment + used car + food
no bigscreens in that imo
Ok so then when a company that employs 10 people at $7/hr has to let go of 2 people to make up for the now mandatory wage of $8/hr, that company loses production and 2 people lose their jobs. 8 people make a dollar more and 2 people make $7 dollars less. What then do you propose to do for those people who are now out of a job because a company has a budget to make on employee payroll?
Minimum wage jobs are not meant to be a means to live. With that, you still can live with 1 person on minimum wage. 5.15 x40= $206 a week. Works out to about $892/mo. After taxes thats about $750. Thats enough to afford a very cheap apartment ($400-500) and food and gas. No tv. No internet. No luxury items. The bare neccessities. You can't live comfortably on minimum wage, but you can live, eat and have a place to sleep.
The point is for people to strive for better than minimum wage. Look in the paper. 99% of the jobs you see in the paper are all $8 or more and most are for way more than that. Thats just the paper. Go to any retail store. They will offer $8-10 starting wages in most areas. The point is they arent mandated to have a wage that high, but they do it within their budget to attract workers. If you raise the wage too high, then those companies that cant afford it won't hire as many people. Then those people that were barely making it at minimum wage have no wage.