Little-Acorn
Gold Member
When you raise the Minimum Wage to, say, $8.50/hr, all you're really doing is eliminating all the jobs whose labor doesn't bring in $8.50/hr or more income into the business.
Actually, you're eliminating the jobs that won't bring in ($8.50/hr plus the overhead, accounting etc. expenses) income into the business. So you're really eliminating the jobs who don't bring in $11/hr, $12/hr, or whatever the total is.
Why should an employer hire someone, if hiring him will cause a net loss to the business?
Is there still somebody here who's pretending the employer has some responsibility to the guy's family, car upkeep etc. beyond his wages?
Employers used to pay employees enough wages where they didn't need to worry about family and car upkeep.
When?
When I got my first job, in 1969, I didn't get enough money to support a family, or even a car. Nor did I expect to... because what I was doing was simple enough that anyone could have done it.
Are you saying that, at some point, employers paid enough to support a family and car, to someone scooping ice cream at Baskin Robbins? Or flipping burgers at Mac's, or serving chicken at KFC? Or that at any time, employers took in enough income from hiring someone for those jobs, to turn around and pay him enough to support his family and car?
You are wrong. And, clearly, you haven't even done any checking before announcing your ludicrous lie. What did you hope to accomplish by trying to pretend things that obviously aren't true?
Is there anyone else who would like to discuss the effects (seriously this time) of raising the Minimum Wage beyond the point where an employer can take in enough from that person's labor, to pay for hiring him in the first place?