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Topic: minimun wage $15hour

seanoh15

Tue 06/30/15 07:16 PM

also, fast food are franchise so that money is being paid by the company but by the franchise owner.. will destroy jobs and business..way to high

Does no one read history?!? Fact: The majority of minimum wage workers are minorities. Right or wrong, that's just the way it is. Now look at the unemployment rate of minorities since the federal minimum wage was enacted in 1938. It has skyrocketed. In one year, between 1938 and 1939, the unemployment rate of minorities (predominantly black) went from under 5% to 45%, while the unemployment rate for caucasians did the exact opposite. Why? Because until the federal minimum wage act was enacted minorities had the ability to undercut the wages caucasians were willing to work for and got the jobs. Once employers were forced to pay a set wage that ability went away and unemployment rates between whites and blacks swapped ends. Racist? Hell yes it is, but it was was it was and it is what it is. Raising the minimum wage to $15/hour is going to make the unemployment rate of minorities go even higher. Today's job market is tough, and a starting pay of $15/hour can get an employer a college grad vs. a convicted felon out on work release. Still racist? Of course it is, but is a stereotype really a stereotype if it's true? Been to McDonald's lately? I know the picture I have painted here is painful and offensive to some, but it is the truth and the truth is sometimes ugly. Don't blame the painter, blame the scenery.

Convicted Felons and College-Graduated have morphed to Races now?

Conrad_73

Wed 07/01/15 05:05 AM

Restaurants are hit the hardest when MW is raised. Here is the problem when the government "sets" wages employers must pay:

George and Sally own a restaurant/bar. They have a total of 15 employees making minimum wage (plus tip$ of course) averaging 35 hours a week. They also have a day time and a night time manager who each earn a salary.

Let's say the minimum wage is increased just $2 an hour. Their business costs go up $1050 a week. Or $54,600 a year. Plus they will also have to give their two managers a raise. So their costs have now gone up about $60,000 a year and that's not even taking into consideration any over time. And with that increase in costs, employees won't get over time anyway.

George and Sally have mortgage payments to make on their business and their home. They can't absorb that kind of extra costs so they will raise prices.....a lot. Or lay off an employee and which employee will be the first to go? The one who's been working their the least amount of time and probably the one who needs the job the most.

What people don't understand (those who want the MW raised) is that this is robbing Peter to pay Paul. If George and Sally are forced to pay Paul a higher wage, it's going to come from Peter. The raising the MW destroys the small mom and pop businesses that America loves. A vote for highe minimum wage is a vote for more unemployment and higher costs of goods and services.

True, but the government gets more revenue from the increased tax on wages so it can spend more on welfare and entitlement programs. See, all is well happy