- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone who is for increased minimum wage tell me why we shouldn't jump straight to $100/hr
Posted on 1/19/21 at 8:13 am to Ace Midnight
Posted on 1/19/21 at 8:13 am to Ace Midnight
quote:According to SammyTiger people work their job because they enjoy it, regardless of the pay.
If we had NO minimum wage, would folks be working out there for nothing? 5 cents an hour? 10 cents an hour?
quote:Yup. Even if a company fires or cuts hours for enough employees to maintain their own labor costs, their production cost will still increase. The amount it costs them to buy stock for the shelves and buns for that mcburger will go up because that manufacturer will pass on their increased labor cost. So that grocery bill or that Micky D’s burger will still cost more... for everyone, including unskilled people struggling to even find a full-time minimum wage job opening.
This minimum wage screws people, particularly young and unskilled folks, out of starting level/trainee type jobs.
And unless there is some wild increase in demand, I’m just not sure those jobs will return. Companies would rather pay some corporate position a little extra to figure out how to maintain productivity/sales without the use of unskilled labor. So much for leveling the p(l)aying field right?
Popular
Back to top
Follow TigerDroppings for LSU Football News