Quote Originally Posted by .blank cd View Post
If you are a small business turning a profit right now after EVERYONE is paid, and you can't afford to give everyone a raise, you're probably not doing so well as a business anyway OR you're paying yourself too much.
And here it is. If you are a business owner that pays minimum wage, the fed govt should step in and tell you how much you are allowed to make. This sounds like a great idea.
[QUOTE=Vteckidd;39490950]Family of 4? Who the fuck is providing for a family of 4 at minimum wage?



Quote Originally Posted by David88vert View Post
A lot of families lost their jobs in the downturn in the economy. Perhaps you missed the multitudes of articles on people that lost their IT jobs, and ended up working in fast food at minimum wage. They already had kids and lost their homes, so they had no chance but to rent.
Work a second job then. Maybe both parents should be working. Maybe sacrifices need to be made.

Quote Originally Posted by bu villain View Post
All I'm saying is we need to run the numbers a little more thoroughly before we jump to conclusions. As you stated before, I agree we should base the minimum wage off a minimum living standard. If people choose to spend their money on non-essentials we can't stop them but that shouldn't factor into the minimum wage discussion anyways.
Minimum wage needs to be set, at whatever and then tie it to the CPI. If the CPI rises, so does minimum wage. If it drops, so does minimum wage.

Walmart isnt going to be affected by this, we all know that. McDonalds and every other chain restaurant will be though.


Lastly, a couple people mentioned the rise in employers' costs due to minimum wages, they forgot 1 major factor in it. Their taxes will also rise dramaticly. In the example about the 16k rise in wages, the actual number is 17k because of the federal taxes. This does not account for unemployment insurance and other state taxes that are tied to payroll.