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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (739407)	9/14/2013 1:29:43 PM
From: bentway	Read Replies (1) \| Respond to of 1574262

I'm often amazed by hourly people that make MORE than the minimum wage opposing increases. Don't they realize that if the minimum wage gets put nearer their's, their employer will have to raise their wages to keep them? I guess not.

To: SilentZ who wrote (739407)	9/14/2013 1:40:47 PM
From: longnshort	Read Replies (1) \| Respond to of 1574262

I wouldn't hire you if it cost me 15 an hour

To: SilentZ who wrote (739407)	9/14/2013 5:26:08 PM
From: Bill	2 Recommendations Recommended By i-node TideGlider Read Replies (3) \| Respond to of 1574262

Why only $20? Why not raise it to $100 per hour?

To: SilentZ who wrote (739407)	9/14/2013 5:29:18 PM
From: Road Walker	Read Replies (2) \| Respond to of 1574262

Economically speaking, $20 an hour might be pushing it. Where raising the minimum wage actually does hurt employment is when it makes the pay of "unskilled" labor get too close to "skilled" labor. But $15/hour would probably work well, and then you could look at bumping it up a bit more a few years later. You might phase it in, ~$2 increase per year, 5 years so businesses can adjust. But we need to solve the income disparity crisis. If unskilled labor goes to $20, you can be sure that skilled labor will go to $30. Otherwise they'll take the unskilled jobs. If skilled labor goes to $30, uniquely skilled labor goes to $40-$50. Right now it's a race to the bottom.