First  Prev  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  Next  Last
Should Minimum Wage be $25.00 per hr ?
13508 cr points
Send Message: Send PM GB Post
24 / M / Second star on th...
Offline
Posted 11/4/14

brookline wrote:


I think the minimum wage should be $25.00 per hr.

If you're an American you may think this is a bit high, but think about. Go gather all your utility bills, your rent of mortgage bill, budget the amount of money you'll need to send on whole some nutritious food each month with out having to use food stamps and getting food from food banks, budget the money you'll need for transportation which include public transportation or cost of having a car, budget money for clothes, budget money to save, budget money for health care.

these are common expenses that people have in common and can't be without.

add them all up for the month

next determine your pay at $25.00 per hr

next determine your pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr

next compare your total monthly expenses to the total monthly pay at $25.00 per hr.

next compare your total monthly expenses to the total monthly pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr.

Tell me which minimum wage will keep you off food stamps and welfare and keep you from being homeless.


Magical-Soul wrote:

Changing minimum wage won't actually fix anything. Corporations don't tolerate losses, whatever the reason.

If you made 25.00$ an hour, why wouldn't they charge 10.50$ for a slice of pizza? Why wouldn't they start charging 18.00$ a gallon for gas?

Apple isn't going to say. "Well darn, there goes our higher paying market."

They're simply going to charge 6,000$ for an iPhone and 11,000$ for an iMac.


Well let see first gas prices can be controlled by the government to prevent that kind of inflation.
Second i would hope that no one would buy an iPhone or a mac for those prices and so as demand for them went down the company would reduce the prices to clear out inventory.
As for pizza if you go to a baseball game that about the price and people buy it there.
The real concern with raising the minimum wage that much that fast is mass layoffs or reduced hours or outsourcing which would lead to the kind of economic instability that lead to the great depression.
However i do agree with the overall theme of this forum i do believe that it is a fundamental human right that all humans should be able to make enough to provide for themselves and their families. You may not live in a big house or drive the newest fanciest car or eat at five star restaurants. However you should be able to have a warm place to lay your head at night and nourishment and reliable transportation and clean clothing. $25.00 however is to high to be reasonably maintainable.
17154 cr points
Send Message: Send PM GB Post
23 / M / Tennessee
Offline
Posted 11/4/14 , edited 11/4/14
If minimum wage was $25 a hour milk would be $15 a gallon, gas would be $12 a gallon, and everything else would go up. Don't raise wages expecting prices for things you buy to be the same. Basic economics
13496 cr points
Send Message: Send PM GB Post
24 / M / Scotland
Offline
Posted 11/4/14
Minimum wage should be the minimum living wage. If that makes prices inflate then go to the lowest price shop and make them compete. Capitalism may be a broken system but every system can be taken advantage of.
11460 cr points
Send Message: Send PM GB Post
28 / F / Austin, Texas
Offline
Posted 11/4/14
I'd say it should be more than what it is now, but in some areas $25 is a bit much. The ideal scenario would be for the minimum wage to be adjusted for that current year's inflation and for the cost of living in the specific area.

While $25 the hour would barely cover living expenses in NYC or San Francisco, it would be way too much in a much smaller city in the south.
1090 cr points
Send Message: Send PM GB Post
20 / M / CA
Offline
Posted 11/4/14
Wouldn't the store be losing money as well?
9207 cr points
Send Message: Send PM GB Post
26 / M / Illinios
Offline
Posted 11/4/14
If they made minimum wage 25 dollars an hour they would fire everyone and make robots to do your job. Or require a masters degree to flip burgers.
1651 cr points
Send Message: Send PM GB Post
27 / M / Mor Dhona
Offline
Posted 11/4/14 , edited 11/6/14
Complicated question.

While raising the minimum wage seems like a good idea from a personal standpoint, in the grand scheme of things it won't change a single thing. If you raise the minimum wage the price of things will just go up in turn; the more money you have to spend, the more retailers will charge you (because they can), sort of like an exaggerated annual inflation bump.

That said there is definitely a problem with the minimum wage in the US, given it hasn't risen in proportion with inflation; given that, more people are having a harder and harder time paying their basic living expenses. But, see above: if you raise the minimum wage, manufacturers will just move their jobs offshore because it's cheaper.

The economy is a complicated machine. Change one cog and the whole machine runs differently.
2392 cr points
Send Message: Send PM GB Post
23 / M / Lala land
Offline
Posted 11/4/14
I think that the biggest problem would become employment then. If minimum wage was $25 an hour, most stores could only have a fraction of the people working that the currently do. Think about it. Obviously, the amount of cost need to maintain a store would go up due to personnel cost. If that happened, stores would only want to employ the absolute perfect person for the job, so keeping your job would be almost impossible. Think of what a place like McDonalds would be like. there would only be like 3 or people working at a time in rush hour, so your food would take forever to be made and everything. And this is only taking into account 1 aspect of a higher pay. Prices for everything would go up, and combine that with unemployment, and you would have a nasty situation on your hands. That would stink.
11426 cr points
Send Message: Send PM GB Post
20 / M / Texas, USA
Offline
Posted 11/4/14
The problem isn't wages the real problem is the money itself, our currency system is so messed up from continual printing of money and no gold to back it up. Essentially our paper money is worth as much as the material it's printed on.
In my opinion raising minimum wage would be terrible because prices on just about everything would skyrocket along with loss of jobs due to businesses not having the money to pay all their workers.
51150 cr points
Send Message: Send PM GB Post
20 / M
Offline
Posted 11/4/14
It took us years to get unemployment rate below 7% but if you want a 30%+ unemployment rate, that's great. This nation deserves to burn anyways.
22023 cr points
Send Message: Send PM GB Post
20 / M / California
Offline
Posted 11/4/14 , edited 11/6/14
No. And there would no point. Because then everyone's wage would have to raise. Especially the retail managers since they barely make that much and hour. Also increasing minimum wage automatically triggers an increase of price for items on sale to compensate the value of the dollar.
18483 cr points
Send Message: Send PM GB Post
M / Los Angeles
Offline
Posted 11/4/14 , edited 11/6/14

brookline wrote:


I think the minimum wage should be $25.00 per hr.

If you're an American you may think this is a bit high, but think about. Go gather all your utility bills, your rent of mortgage bill, budget the amount of money you'll need to send on whole some nutritious food each month with out having to use food stamps and getting food from food banks, budget the money you'll need for transportation which include public transportation or cost of having a car, budget money for clothes, budget money to save, budget money for health care.

these are common expenses that people have in common and can't be without.

add them all up for the month

next determine your pay at $25.00 per hr

next determine your pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr

next compare your total monthly expenses to the total monthly pay at $25.00 per hr.

next compare your total monthly expenses to the total monthly pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr.

Tell me which minimum wage will keep you off food stamps and welfare and keep you from being homeless.


Ughhh... I had to re write this ENTIRE post, because i raged SO HARD when i originally wrote it.

Ok, we should NOT have a $25/min wage. One reason is the econimic effect its will have on our markets, as many have already pointed out....

...But seriously???? $25/hr??? Do you want everything to be given to you or something??? I understand you reasoning for needing $25/hr, but seriously? A Federally mandated $25/hr minimum wage??

First of all, you are an American. You shouldn't expect the government to do something that you should be doing yourself. If you need $25/hr, then go get it. Its there, but you need to work for it.

That's one reason that we have an education system for, to get educated and enter into a career of your choice. School for us is free up until college, which then, there still is financial aid. Hopefully you do the research and study something that pays $25+/hr.

If education isnt for you, you can start your own business. America loves it's free market and I know lotssssss of people who own their own businesses. My dad, for one, came here BECAUSE of the free market and wanted to run his own company and now has several successful businesses. He was 26 back then.

Another thing you mentioned was gas. Gas. Its expensive right? It was like $5.00 a gallon at for a while here in LA, I know. Well..... In the Netherlands, as of last week, was around 2 euros a liter or so. That calculates to about $10.00 / US GALLON! (1gal = 3.8l) Part of the reason is America produces oil and we have have our own oil wells under our feet. And if you've noticed, gas has been going down a bit more recently. And that is because recently we've been starting to produce more of our own oil that trying to snag it from the middle east. And there are a few other factors affecting our oil prices, but I'll leave that our for now. If someone else wants to explain, please go ahead.

Also, taxes. First of all... you live in a state with no income tax. Please, really? Your complaining? I get taxed and my cost of living is higher and i don't even complain. I wont even go into the tax rates of other countries. Im being taxed about 20%-25% and If you are from another country, especially a European country, please go ahead and tell this person how much taxes are around the world.

I'm sorry, but I'm very irritated with this post. Let me just end this by saying: if you need $25/hr, go get it. Stop whining and wanting the government to give it to you, and go get it. I know someone who was once a homeless at one time in his/her life. That person decided that he/she didn't like being homeless so he/she worked two jobs, got himself/herself into college, graduated with a double major, one of which was business administration and now owns a company which pays the salaries of numerous employees. So seriously, if you want something, go for it. This country isn't going to stop you, in fact, this country might even help you.


</rant>

<!-- Phew -->
46745 cr points
Send Message: Send PM GB Post
22 / M / Greed Island
Offline
Posted 11/4/14
You would have to work your ass off to be worth 25/hr and they will definitely cut the number of employees. The flow of money also has to be good enough. This is specially problematic in restaurants since they can't definitely cut the number of employees if the restaurant is so busy at times and the employees' pay might be too high that the restaurant might lose money. Life is tough in U.S. if you're not sharing the expenses with someone and you're living off a minimum wage but if you could find a cheap rent for just like a basement of the house for like 400 bucks/month, you're solid. I would say that housing is like the problem since it gets ridiculous in some states.
28244 cr points
Send Message: Send PM GB Post
22 / M / Texas
Offline
Posted 11/4/14 , edited 11/4/14
$25 minimum is far too high. Honestly, if someone is literally trying to live on their own responsibly I don't see how they can't get a job that pays more than minimum wage. I understand the economy is rough right now, but in the case where you can only land a minimum wage job, surely you can room with friends in similar situations to help pay living expenses. No one that has a job lives in a vacuum, they have people working at the same job they are that are in similar situations due to similar pay.

I get payed $8 an hour at my work (Started at minimum), and now live with two other people and we are able to comfortably pay all our expenses. The most one of us makes is around $600-700 every two weeks. We're actually barely above the poverty line, all our incomes combined. But we live comfortably and happily.

I'm going a little farther than the subject here, but I'm a Christian, and so are the other two who live with me. Each of us tithes. For those who don't know that's 10% of our gross income payed to the church we attend. That's the very first thing each of us does with our paycheck. So from my perspective, I'm provided for, whether I make minimum or six figures. Please don't misunderstand me on this, I'm not telling anyone to tithe, or saying that if you don't that you will not succeed monetarily. Obviously you don't need to tithe to be monetarily successful. I'm simply pointing it out because I see it as a relevant piece of information in regards to my financial state. I don't see it as a liability, but as an asset.
31839 cr points
Send Message: Send PM GB Post
Offline
Posted 11/4/14

brookline wrote:


I think the minimum wage should be $25.00 per hr.

If you're an American you may think this is a bit high, but think about. Go gather all your utility bills, your rent of mortgage bill, budget the amount of money you'll need to send on whole some nutritious food each month with out having to use food stamps and getting food from food banks, budget the money you'll need for transportation which include public transportation or cost of having a car, budget money for clothes, budget money to save, budget money for health care.

these are common expenses that people have in common and can't be without.

add them all up for the month

next determine your pay at $25.00 per hr

next determine your pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr

next compare your total monthly expenses to the total monthly pay at $25.00 per hr.

next compare your total monthly expenses to the total monthly pay at $15.00 per hr , $11.00 per hr, $10.00 per hr, $9.00 per hr, $8.00 per hr, $7.00 per hr, $6.00 per hr, and $5.00 per hr.

Tell me which minimum wage will keep you off food stamps and welfare and keep you from being homeless.
are you on crack,dude if the minimum is 25.00 bucks per hour then you will experience major inflation because everyone else will want to earn more so goods and services would go to the roof!

First  Prev  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  Next  Last
You must be logged in to post.