mininmum wage in America

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billding68 B
billding68 Apr 4, 2015 02:30:31
Replying to Sin Agog

If you almost double the pay rate of nearly 1 million employees your costs will go through the roof and you will be forced to raise prices. Yes corporate big wigs make WAY too much money in comparison to the worker ants but that's not the point here. Almost doubling operating costs would impact the consumer no matter what.The key is don't work at Mc'ds as a career use it as a stop gap until you find better work. Fast food work is not intended to support a family of four for instance. its the entry level type of job high scholar's get whenthey live with their parents for spare pocket/weed money. Every job cannot sustain a family if that were true Id get a job working in candy store.

H handofdave
handofdave Apr 4, 2015 17:54:22
Replying to billding68

1. The presumption that corporate America can't afford to give their lowest paid employees a substantial pay raise is a fiction. Just for example, the Walton family, who owns the WalMart chain, have a personal fortune that is equivalent to the combined wealth of every household at the bottom third of the economic ladder. That's ONE FAMILY. They can well afford to give their employees a big pay hike, but that would mean they'd have to be 'mere' millionaires, instead of multi-billionaires.

2. While obviously a burger flipper should not be paid the same as an educated professional, this meme that only teenagers staff these minimum wage jobs, or that the job market will willingly and gladly accommodate healthy wages for everyone who 'works hard' and climbs the ladder, is a lie.

Wage suppression hurts people of all ages. There are local economies all across the USA where there's nothing but minimum wage positions to be found, and families are forced to take this work or go homeless. And claiming that with a college education, everyone can escape this trap... well, that's a lie, too. There are college graduates reduced to working for these low wages. And as for even getting a college degree, these days, it's a stark situation... public financing of higher education in the USA has been gutted, and tuition and fees can run you up to a hundred thousand dollars in loans, or more. Graduates who fail to repay these loans on time do not have the ability to write them off in a bankruptcy... the privileges of such options are reserved for failing corporations. Defaulting on a student loan WILL incur wage garnishment... for life... with no guarantees of employment.

3. And finally, corporate American giants like the Koch brothers don't merely want to stifle a minimum wage raise. They want to ELIMINATE the minimum wage altogether, so that corporations can pay people even less than they do now.

The economic elite are out to create nothing less than the second gilded age, where the vast majority of individuals are mired in a hopeless grind of lifetime indebtedness to a small minority of outrageously wealthy families that can pass this wealth onto their children, creating in effect the same sort of entrenched and stratified society that America broke free of in the first place, when it became a sovereign nation.