Reply to Help me understand the impact of a $15 minimum wage?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think things have really changed and a lot of people are carrying old attitudes from the experiences of previous generations. And some people have a scarcity outlook - like "I had to suffer so you must also"  or "I don't want to share any pie"

But I think of things like this -

My grandpa was a welder and he was a wealthy guy in a small town. Supported a family of 4, drove only Mercedes, bought many sports cars for my teenaged dad. Retired early to life of leisure, left  money behind when he died.

My great uncle worked in a liquor store. He had only a wife to support, but the had homes in both Virginia and Florida, where they lived half the year, and they wanted for nothing.

My FIL worked summers during high school and college, and made enough money to pay for all his college tuition, no debt. (So now he thinks kids can still work to pay for all of college, ha)

These things seem unbelievable now, that guys with blue collar and/or customer service jobs could live so very well.

I am for this big minimum wage, to help these families who can't make ends meet, and sure, to help a 17 year old pay for school or make a great start in life. Things are out of balance now. This helps even it out.

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It's not going to help families.  It is not going to give that 17 year old a job to help out or save for college.  It's not going to help a cousin start a business.  Basic common sense.

And, most people are NOT making minimum wage--they are making more.  This will not help teens get work experience or be able to help with family or save for college. You need to get over that idea.  We will see more "screens" for rodering in restaurants--where kids were employed before.  I know a teen working at the mall more than ten years ago who was making better than minimum wage.
And, if a business cannot get started, it will never employ people.

Minimum wage raises will cause more people to lose jobs.  That is not a good thing.

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there are other ways of helping people start businesses other than setting a low minimum wage.  what if the government gave free health insurance to everybody so small business owners didn't have to shoulder that expensive?  What if the government had lower taxes for businesses that employed under 100 people?  What if the government gave tax breaks to small business owners, like no sales tax, making them cheaper than big box stores?  Why not envision a win-win for small businesses and for the workers?[/quote]

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