Should the federal minimum wage be raised to $10/hr.?
Only if we start printing more money.
That would cause inflation.
Yes it would.
It should definitely be raised, and before someone says, "increasing the minimum wage will result in more unemployment."
Yes, and it should be adjusted for inflation every year.
Why should unskilled labor be worth so much? It's not hard to flip burgers or cut open a box and out the stuff on the shelf. I've done both and it was never worth 10 bucks
No! It throughs the market out of equilibrium.
If that happens, McDonald's will have to increase the price for a Big Mac to offset the increased cost, and, wouldn't ya know it, the employees STILL won't be able to afford to eat there. Econ 101...
Why can't people just understand what you said right there!! Companies will just pass the cost onto the consumer.
Minimum wage is something like $15/hr in Australia, and a Big Mac costs less than $0.50 extra in Australia compared to here.
NO NO NO!
just to make a point. over 80% of people on min wage are teenagers trying to make extra cash. there is no reason it should be over 6$
I want to say yes, but I would really like to see how that raise in the minimum wage would effect the various subsidies low income families tend to receive. If the increase makes them ineligible for food stamps, reduced rent, subsidized child care
They might actually be worse off making more money
Doesn't it signal that something's wrong with the system if people are worse off when they make more money?
Get rid of minimum wage. let private industry and the people decide their wages. capitalism
Capitalists are greedy
is greed wanting to keep your money or wanting to take others for yourself?
We had that, and then people got fed up with being treated like shit.
Goalie - you have to realize how silly your statement sounds when you understand that I am a giver not a taker. I don't and never have - used cash aid, subsidized rent, food steps, Medi (Cad)(Care)(Cal). And I still don't trust industry
Get rid of it. Remember the glory days of work in the industrial revolution? Whole families working in mills until a ripe old age of 35.
I voted no because it should be $9 and tacked to inflation.
I'd like to abolish the minimum wage.
It hurts people without valuable skills. Regardez-vous: www.youtube.com/watch?v=rQj1qlsjVoM
It basically makes it illegal to work for less than $10. If your services aren't worth that much, then you're fired. It's also harder to get a first job because you have to have $10 worth of skill, and that's hard to obtain without experience.
Do you think minimum wages should be decided by collective bargaining?
As in unions? I think it's ok for private unions, but not public ones.
I only ask because very few developed countries don't have minimum wages and every one that doesnt have a minimum wage has strong collective bargaining laws
Abolishing the minimum wage and not instituting strong collective bargaining laws will put us in with a handful of countries including the likes of Cameroon and Sierra Leone
Why are you ok with private unions but not public ones?
What kind of collective bargaining laws? The thing is, (private) collective bargaining doesn't infringe on freedom. Minimum wage laws do by taking away the ability to work/hire for less than $10.
1. Most jobs that use public unions should be run privately anyways.
2. Public unions have a lot of political power and can elect their own supervisors. There's a conflict of interest that leads to corruption.
If you voted no, please explain why.