New Study Shows that Welfare Benefits are Exceeding Minimum Wage Jobs.......Why Work?

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I have experience in all levels of business in determining what is discretionary, and what is not - and Fortune 50 companies rely on my knowledge and experience. They believe that I have figured it out.

You might want to start pretending like you know what you're talking about then. Lol

[David88vert]

You might want to start pretending like you know what you're talking about then. Lol

I have produced enough facts, data, and details for you already. You haven't been able to do the same.
It's pretty obvious to everyone who knows how economics works, and who has no knowledge of what he is talking about.

I would tell you to pretend, but you can't even pull that off with any degree of success.

Here some more info for you. This study looked at those who would benefit from an increase in the federal minimum wage from $7.25 to $9.50, comparable to the level proposed by President Obama. Just over 11% of workers who would gain from an increase live in poor households. Over 63% of the workers who would gain are second or third earners in families making well over the federal poverty line. 43% of workers who would benefit live in households with income over $50,000 a year. So, how is raising the minimum wage going to help these people and boost the economy?
http://epionline.org/downloads/Sabia..._SEJ_Jan10.PDF

This study shows that nearly two-thirds of all minimum wage earners receive a raise with the first 1-12 months on the job. Entry-level jobs, providing many workers with their first job experience have employers will increase their pay to retain their better-skilled employees, as they gain experience. You are the only one that things experience is over-rated.
http://epionline.org/studies/macpherson_06-2004.pdf

In the 70s, President Ford signed the Earned Income Tax Credit. Low-income households receive a refundable tax credit, the amount of which is based on their other income. It acts as a guarantee of minimum income, rather than a minimum wage. As a worker's wages rise, the amount of EITC they can claim goes down. Their wages may go up, but the overall amount of household income they have may stay the same. The benefit of increasing the EITC, rather than a simple minimum wage hike, is that you can concentrate the benefits on those with lower incomes, and those raising a family.
Ask yourself - who are we wanting to help, and how can we best help that group, without negatively impacting everyone else.