Minimum wage increase may cause innovation or job loss
Abstract:
The federal minimum wage will increase from $5.85 per hour to $6.55 per hour Thursday. ...
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Bailey
posted 7/22/08 @ 2:44 PM CST
This is why we need more illegal immigrants. They work for less than minimum wage and tolerate the sun pretty well.
You're a dumb**s
posted 7/22/08 @ 11:01 PM CST
And while we're at it, let's go back to slavery because we know how cheap that was! You uneducated fool, your comment isn't funny.
Originally posted byBailey
This is why we need more illegal immigrants. They work for less than minimum wage and tolerate the sun pretty well.
Justin Clark
posted 7/22/08 @ 5:35 PM CST
One solution that I have heard of is to do away with minimum wage all together. Let the agreement between employer and employee determine how much an hour of labor is worth for that particular job. This would allow employers to pay more strenuously worked employees more money in wages. No one lives off of minimum wage alone, it's almost impossible. It barely puts a person above the poverty line. Minimum wage is not designed to support a family, it is just a starting point for a starting level employee, usually at a job where skills and experience are not required. By doing away with minimum wage people would be much more enticed to learn a trade or skill and possibly further their educational endeavors. This could result in an educated more informed society with more ambition. Deregulated minimum wage has many benefits for the hourly wage employee and employer alike. Instead of regulating commerce the federal government should be developing ways to stop inflation and bring value back to the dollar.
Austin '01
posted 7/23/08 @ 11:04 AM CST
Ditto Justin and D's comments. Let the economy drive wages and prices. Keep the Fedral Government out of management of the economy.
Joe
posted 7/24/08 @ 8:39 AM CST
Although this article interviewed upperclassmen, nobody hit on the great exclusion to the minimum wage that has been around since the New Deal: agricultural workers. You should have learned that in History 106.
When FDR proposed the first minimum wage, he faced a large stumbling block within his own party: southern congress critters who chirped at paying black field hands anything close to what a white man would make in the textile mills or other southern manufacturing industries. So, the agricultural exemption to the minimum wage was born and we've been addicted to it ever since, even as the color of the field hands has changed from black to brown.
With the price of fuel driving up costs at the grocery story, imagine what we'd be paying in farm workers were entitled to the same minimum wage earned that the kid who sweeps the floor at HEB. Keep chirping about illegals, and perhaps you'll find out.
When FDR proposed the first minimum wage, he faced a large stumbling block within his own party: southern congress critters who chirped at paying black field hands anything close to what a white man would make in the textile mills or other southern manufacturing industries. So, the agricultural exemption to the minimum wage was born and we've been addicted to it ever since, even as the color of the field hands has changed from black to brown.
With the price of fuel driving up costs at the grocery story, imagine what we'd be paying in farm workers were entitled to the same minimum wage earned that the kid who sweeps the floor at HEB. Keep chirping about illegals, and perhaps you'll find out.
Freemoney Family Organization
posted 7/25/08 @ 6:11 AM CST
The Department of Labor should not only utilize economic and financial models to calculate and impose a minimum wage, but should also strive to work with the Department of Education to increase the Financial Literacy of all AMERICANS!...A national or Domestic Barter Program/or Community Service initiative, similar to the Freemoney Family Barter Program, would be a cheap and partiotic way to ensure that ALL AMERICANS, especially working AMERICANS, have the things they need to sustain a decent standard of living!
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COLLEGE STUDENTS and PARENTS OF COLLEGE STUDENTS with student loans, please take control of your financial future, before and after you leave college!...Please taake advantage of the FREE $50,000 OFFER from the Freemoney Family Organization!.....Please visit: freemoneyfamilyrealty.com....Then call Freemoney 24/7..365...512-535-5884 or 1-866-730-6293!
The Freemoney Family Organization wants to help all RENTERS, especially COLLEGE STUDENTS who have students loans build WEALTH while they are working toward becoming the next "Leaders of Mankind"....All RENTERS are eligible and GUARANTEED to receive a minimum of $50,000 from the Freemoney Family Organization if a Licensed Real Estate Specialist, representating Freemoney Family Realty helps you locate/or Negociate a Rental Lease!...Only one $50,000 Freemoney Family Lifetime RENTER Minimum Payment Guarantee Certificate per person, company or organization!
Take control of your FINANCES and Future!
THANKS FOR REGISTERING/VOTING!
A PRACTICAL Wealth Building SOLUTION FOR TEXAS COLLEGE STUDENTS!
COLLEGE STUDENTS and PARENTS OF COLLEGE STUDENTS with student loans, please take control of your financial future, before and after you leave college!...Please taake advantage of the FREE $50,000 OFFER from the Freemoney Family Organization!.....Please visit: freemoneyfamilyrealty.com....Then call Freemoney 24/7..365...512-535-5884 or 1-866-730-6293!
The Freemoney Family Organization wants to help all RENTERS, especially COLLEGE STUDENTS who have students loans build WEALTH while they are working toward becoming the next "Leaders of Mankind"....All RENTERS are eligible and GUARANTEED to receive a minimum of $50,000 from the Freemoney Family Organization if a Licensed Real Estate Specialist, representating Freemoney Family Realty helps you locate/or Negociate a Rental Lease!...Only one $50,000 Freemoney Family Lifetime RENTER Minimum Payment Guarantee Certificate per person, company or organization!
Take control of your FINANCES and Future!
THANKS FOR REGISTERING/VOTING!
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D
posted 7/21/08 @ 4:40 PM CST