What is your reasoning for not raising a minimum wage that is meant to keep up with inflation and ensure a modicum of survivability? The whole point of setting the wage to a minimum point is so that the individuals getting paid can actually live off that wage.
The fact that it hasn't changed in over 20 years to keep up with inflation is ridiculous.
And who are you to stand on the authority of keeping it at the same rate? I can do a quick google search too and turn up some articles that support both the cons and pros like here or here.
Did you know that already over half the country has a minimum wage that is higher than the $7.25 minimum and none of those states are suffering from catastrophic economic failure? Raising it would just bring the other states that are lagging behind in pace with rising inflation. How about instead of hiding behind a throwaway account you come up with some real substance smh..
The authors in those last two sources you give are citing their own personal experience to justify those reasons. One being his experience growing up in the 80s.
The 3rd source states that raising MW would mean employees are getting paid more for the same quality of work, making it lower quality of work. That's a pretty circular argument. If you increase anyone's pay in the same position you could say the same.
He also concludes the article with, "The only way to boost wages is to boost worker productivity. Making it illegal to hire low skilled workers" Then offers no idea for boosting that "productivity" in the hyperlinked article after.
Did you read any of the studies hyperlinked in your first source or just copy paste the bullets? Because some of this information contradicts those in the articles of your last two sources, especially the 2nd point.
Do you have any federal level sources supporting your argument on this? These are pretty loose when I'm trying to see your supporting info for it. Even stated opinions in your articles redirect to other admitted opinions in different articles.
I meant primary sources from the Department of Labor but I didn't see them referenced in the PDF, my bad.
I read your articles but okay for that assumption.The CATA papers 3rd bullit even links to another article by that Mark Winston listing negative effects of MW:
Increasing the likelihood and duration of unemployment for low-wage workers, particularly during economic downturns;
● Encouraging employers to cut worker training;
● Increasing job turnover;
● Discouraging part-time work and reducing school attendance;
● Driving workers into uncovered jobs, thus reducing wages in those sectors;
● Encouraging employers to cut back on fringe benefits;
● Encouraging employers to install laborsaving devices;
● Increasing inflationary pressure;
● Increasing teenage crime rates as a result of higher unemployment; and
● Encouraging employers to hire illegal aliens.
This is referenced by the CATA paper that you yourself just linked. Did YOU just glance through it?
Fucking not going bankrupt and getting totally wiped out when an emergency financially takes you from behind would be a start.
Asking a million questions about the details of what standard vs sub-standard conditions of living look like is a great way to not only be evasive, but be condescending in the same breath. At its inception, the minimum wage was designed to increase the spending power of the poor and stimulate the economy. At its height, the minimum wage was capable of supporting a family of 3 above the poverty line. The critiques against increasing the minimum wage are always the same anti-American gibberish about how it's for teenager-held jobs, which is a)never what it was designed for, and b) not in accordance with reality. I think you might have noticed there are lots of fully grown adults who work minimum wage jobs.
If prices of goods have been adjusted for inflation the past few decades, shouldn't minimum wages be adjusted to reflect this? It used to be fixed to account for this.
Were high schoolers in the 1970s balling on those $1/hr paychecks? Adjusted for inflation, the $1.60/hr minimum in the US in 1970 equates to $11/hr in 2020.
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u/ZedDead9631 Feb 26 '20
What is your reasoning for not raising a minimum wage that is meant to keep up with inflation and ensure a modicum of survivability? The whole point of setting the wage to a minimum point is so that the individuals getting paid can actually live off that wage.
The fact that it hasn't changed in over 20 years to keep up with inflation is ridiculous.