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What percentage of people earning minimum wage rely it for a living? You have a lot teens and college students just trying to make a few bucks for pocket change. Probably quite a few spouses that are not the primary income. And then some percent, no idea how much, that have maxed out their earning potential and are reliant on minimum wage. It seems like pushing that up to a living wage is rewarding people for being the least educated and least skilled in the job market.
I don't know the answer to your question and i dont know that i am fir an increase ,but I would say rewarding someone who is working , regardless of their education or age , would always be much more positive than the "reward " system that's in place now
That is a great point. I threw out the question, and a couple observations, but I really see the case for raising it, and case fo not. Tough subject. I pay people a fair amount above the minimum wage, but it is not enough to support a family. Almost everyone working for me also has a spouse that works. I interview people qualified for $15 an hour or more. I have a CFO that says, I can hire someone in at $11. I already have good people in the $11 or $12 an hour range, so I obviously find qualified people in that range. I know that sounds extremely low, but I'm in Southern WV, very low cost of living.
Here's my biggest issue, that no one has addressed. When did it become the apex of someone's career to reach minimum wage? Minimum wage was never established to be livable for a family. It was established to get cheap labor into the workforce while at the same time giving these employees valuable experience to improve their marketability. When I worked at the Country Club, Burger King, Subway, Intramural official in high school and college I wasn't thinking, "Hot damn I've finally arrived." I was thinking, "I need to get better educated so that I can achieve a higher salary."
Obama sells minimum wage as it's some sort of nobelilac idea that everyone should be happy to achieve, and take up residence. Just like most liberal ideas minimum wage is a disaster in action.
I don't care.
I definitely agree. Someone did make a good point though, that they would rather see someone working for minimum wage than sitting at home collecting a check. But yes, if a lifetime earning minimum wage is your life's ambition, you got bigger problems than how much minimum wage is.
This is the closest answer I could find for you. Look on page 10. It doesn't directly address the issue of heads of households or anything, but we can see that the vast majority (80%) of those earning low wages are over 20. I'm honestly surprised that the disparity isn't higher, since adult unemployment is squeezing teens out of the workforce. In an ideal world, I'd want to see that percentage completely flipped.
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I don't think any worker ever wanted a minimum-wage job to become the apex of their career, but the lack of open jobs to advance into (both because of the economic downturn restricting new hiring at any level and workers in existing positions refusing to retire) we're faced with a glut of workers at a level that, like you said, was never supposed to be more than temporary.
For the vast, vast majority of minimum-wage workers, I don't think it's a question of lack of motivation or desire to remain in their current position, it's just a lack of options for advancement that force the stagnation.
As usual, I'm in agreement with you. That is much higher than I would have expected, but you are right about teens getting squeezed out. Definitely agree flipping that percentage would be a good thing.
Sorry, I have a question: what subsidies are these? Are you talking about the defacto effect of low-paid Walmart workers turning to government assistance programs to supplement their income, or is there some other subsidy program that I'm forgetting about?
The south does have more families living on minimum wage than most of the rest of the country. They are below poverty line and benefit from higher minimum wage. Teens working part time frequently have family support to live. If there was a way to help the poverty level family and not teens more people would support the idea of higher minimum wage. It is also about redistributing wealth that rankles some a lot of people.
This post was edited by tennreb 14 months ago
Yeah and all of the above spend their money the second they get it. Housewives, people who need it for electric bill immediately, that pair of shoes she wants to wear to this weekends kickass party, etc. My apologies, I thought that was the topic, getting people to spend money.
"Nobody makes me bleed my own blood, nobody!"
In this case, I think the "redistribution of wealth" argument is wildly overblown. There are very few government monetary policies that aren't some form of redistribution of wealth, and raising the minimum wage is no more or less a redistribution than cutting taxes on the rich.
Josh Barro is a smart and talented writer. I think this makes a lot of sense.
Josh Barro explains why raising the earned-income tax credit is preferable to increasing the minimum wage.
You may run like Hayes, but you hit like $*!#
You got it - the defacto subsidy that is paying your employees little enough that they qualify for government aid.
Yeah, anything that increases the deficit will get shouted down.
Ah, thanks, just checking, I wasn't sure if there were any other subsidies I didn't know about.
As it should.
Yeah unless there is some national emergency in which spending is necessary it is rather foolish to just keep spending money we don't have. At what point is the left going to realize we don't have unlimited funds? We can't do this crap forever.
I am not rehashing the Bush administration with you. Nor was it my intention to defend it.
Either argue with me on my point or move on. I am not doing this well the GOP did this and the Dems did this game.
This post was edited by TroyTide 14 months ago
If we have been running annual deficits every year from 1980 to 2013 except for 3 years in the Clinton administration, how is it that "the left" deserve the sole blame for the deficit?
That doesn't really make sense.
I was in high school when Bush was in his last year in office so don't give me that crap about how it suddenly matters to me now.
And at any rate the deficit does matter. The Dems can't make the reality of the deficit go away by saying "we'll what about Bush? Blah blah blah"
When you have GOP presidential candidates saying broadly that they'll cut taxes by 20 percent, and offering practically no specific offsets, it makes no sense. Clearly the deficit doesn't matter there, so how can the GOP attack the left on the basis of deficit-reduction?
What's the minimum you have to earn to qualify for the EITC. I found the max but no minimums. Is there one
Republican politicians don't care about the deficit. I'm convinced of it. If they actually did care about eliminating the deficit/debt, they would unquestionably be for some or all of the following:
1. Closing corporate tax loopholes which allow companies to record billions in profits and pay no taxes
2. Change the capital gains tax rate to that of normal income
3. Ramp down *ahem* defense spending dramatically
But proposing any of those 3 is republican suicide. Instead, republicans will talk about social security, medicare, and 'other entitlements' almost exclusively.
The only conclusion is that they don't hate deficits or debt (since they would discuss all of if they did), but they just don't like SS/medicare.
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