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

Forum Index » Political Discussion

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Less than 2 percent of hourly workers in the U.S. are paid the $7.25 minimum wage or less. Most employers, even most retail, food, and service businesses, already know they have to pay more than the current minimum wage to recruit and retain good workers. Businesses that insist on paying the minimum wage complain that they have high employee turnover and spend a lot of their time hiring and training new employees, but they are too stupid and/or too cheap to pay a little more to keep their productive workers.

The main effect of the minimum wage increase would be for those currently making $10 to $15 per hour. That is a much larger segment of wage earners than the minimum wage workers. The $10 to $15 group is full of women who are underpaid for the quality and responsibility of the work they perform. [/quote]

You need to get your logic straight, do businesses know or not that they have to pay good enough wages to recruit and retain good workers? How can they know this at the minimum wage level, but all of a sudden lose their logic in the $10-$15 level? I mean, when you go out looking for wine, are you suddenly unwilling to pay a fair price for a $15 bottle while you were perfectly willing to pay for a $9 bottle? How does that logic work in your mind? [/quote]

I guess if you are buying 100 bottles of wine for a party, you might then consider whether or not the difference in cost is worth it.[/quote]

Well, it would depend on the party (job), wouldn't it? The very fact that you would *consider* the value derived from a $15 bottle of wine is directly counter to the PP's claims, which is that some people out there are only willing to pay $12 for something they derive $15 of value. Not only that, but a majority of the people behave this way, causing a distortion in the pricing of labor in this segment. This is simply illogical, with no basis in reality. [/quote]

If I’m paying $15 rather than $9 for a bottle of wine, it better be worth the difference. The $9 would be a starter wine and the $15 bottle a better wine. Why, otherwise, would you suddenly pay $15 for the same wine as you get for $9?[/quote]

People are not commodities. Start there and maybe you can begin to understand. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics