re: I’m anti-minimum wage increase...

Ummm. I’m against minimum wage hikes.

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I’m anti-minimum wage increase

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I'm anti-minimum wage. If it did not exist there would be more employers taking a chance on 16 y.o. HS dropouts to teach them a skill for a few months. If the kid was good at it he'd get a job at higher than minimum wage.

Raise it to 1000 an hour and make everyone millionaires. Think about how good that will “feel”..

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But realize the hike of CEO pay of 105% the last 10 years is a major problem and makes it highly unreasonable for the bottom to see some kind of increase.

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That’s total compensation, I assume. There’s a point in here. But how much of this increase is an increase in stock value?

A minimum wage increase at some point was inevitable, but there are two major problems with this one in particular imo.

1. It’s coming at the worst imaginable time. Idk what the administration is thinking, perhaps they need to jam it through while they can? But unemployment is skyrocketing and the types of businesses struggling the most are those that often hire young minimum wage workers. How are they supposed to stay afloat? A restaurant will either shut down (this is what I would do if I owned one, just get the hell out), or the cost of their food will increase so dramatically it will shock people.

2. This is nearly doubling the current national minimum wage and it is so irresponsible to impose such a drastic increase over the entire country at once. Main example being that cost of living is drastically different over different regions. Places like large cities on the coasts have already basically implemented minimum wages of this scale for years so it will not have any real impact on them, but how can a business owner in say Mississippi absorb this blow? I’m not saying you can live comfortably on a minimum wage job here, but also those jobs shouldn’t be meant for that purpose anyway. They should be something for young people to be able to get by on as they get through school, and a handful of other situations. Here you could make a salary of $50,000 and feel very well off compared to coastal cities where such an income would have you living in a cardboard box. Basically this will have a devastating ripple effect on low cost of living areas of the country and then we will all be broke together in harmony

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I think minimum wage should be more regional. Money is not worth the same amount everywhere. Minimum wage, much like all other wages, should be tied, in part, to cost of living, and be done so regionally.

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I can get down with this!

if they are going to mandate a $15.00 an hour National minimum wage scale then the Feds need to be on the hook for half of it.

I mean hell, they subsidize TVA what's the difference?

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It's called being fair and understanding that even the people at the bottom of the totem pole still contribute to the success of the company.

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the people at the bottom of the pole are compensated. They’re not slaves.
And they absolutely do not contribute equally.

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t's called being fair and understanding that even the people at the bottom of the totem pole still contribute to the success of the company.

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That’s exactly what their compensation says. It says, your value is this. You provided this much to my company. And your value is set by the demand for you skill sets. If you don’t like it, there are many ways to change it that don’t involve envy.

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That’s highly unbalanced.

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Why is balance necessary? We are not a country of equal outcomes, or are we?