I cant be alone in thinking that all of this talk about raising min wage is nonsense can I?
my brother shared this pic today:
Seriously? people actually think that raising the min wage this much is going to affect what min wage is?
i ranted a little in my response to him:
jesus, people that think raising the min wage is a good idea are very very mistaken. lets think this through: lets say that they make min wage $11. how are you expecting this extra cost to be covered? you think that a business is just going to absorb the cost and eat into their profits? no. as we all know, we dont live in a world in which that happens. there are two things that WILL happen in min wage goes up like this. one: people will be laid off. a lot of businesses that pay min wage pay that for a reason: its a min wage job. it requires no special skills, most hardly require you to do more than be there. its not meant to be a career job. yeah, a lot of them do suck, they're shit jobs. those businesses wont be able to afford two or three employees, they will terminate some. and we all know that everybody loves losing jobs (sarcasm). two: cost of living will go up. most likely at a higher percentage than the min wage goes up. say min wage goes up 15%, companies will probably go ahead for the 25% margin in raising prices to cover that extra cost (not to mention they are already going to raise due to the obamacare premiums). so, yes, those min wage people now make more money. 11/hr is about 50% more an hour than TN's current min wage. thats an insane jump. so, now milk is probably going to cost about $5/gal up from $3. gas, well, we already know how volatile gas prices are to fluctuations like this, so that should be fun. so, while that persons check is bigger, guess what, the cost of living is now higher. so, that min wage check goes the same exact distance that it did before, if not less, but you make more money so you feel good. just now you may get taxed in a higher bracket, hi uncle sam. guess who really gets screwed: people not making min wage. what if you already make $12/hr? well, when the min wage goes up, guess what you get? $12/hr. thats what you get, but guess what happens to your cost of living, yeah, that just went up. congrats, your $12/hr is now worth much less.
you want to make more than min wage? get a job that doesnt pay min wage. learn a skill set. if school is your thing, go to school, if not, go make min wage in a field you want to work in and bring home a shit check while you learn the field. getting paid min wage to learn a skill is 100% better than going into debt at some over priced tech school to learn a skill. at least you are getting paid to learn vs paying to learn.
the only person holding anybody back from making more than min wage is yourself. nobody else. nobody is forcing you to keep clocking in a job that you hate that pays crap. nobody is holding you back from seeking other employment. if you are the type of person that has been working the same min wage job for years and years and years and see no prospect of getting out, its your own fault. nobody elses. obviously, if you've been in the same position while others have moved to different positions or even quit to go to other places, then obviously you are the problem and the reason you havnt gone anywhere.
did i miss anything or am i just completely wrong here?
i seem to be the only person i know that sees it like this. nobody else has. please tell me im not alone here.
my brother shared this pic today:
Seriously? people actually think that raising the min wage this much is going to affect what min wage is?
i ranted a little in my response to him:
jesus, people that think raising the min wage is a good idea are very very mistaken. lets think this through: lets say that they make min wage $11. how are you expecting this extra cost to be covered? you think that a business is just going to absorb the cost and eat into their profits? no. as we all know, we dont live in a world in which that happens. there are two things that WILL happen in min wage goes up like this. one: people will be laid off. a lot of businesses that pay min wage pay that for a reason: its a min wage job. it requires no special skills, most hardly require you to do more than be there. its not meant to be a career job. yeah, a lot of them do suck, they're shit jobs. those businesses wont be able to afford two or three employees, they will terminate some. and we all know that everybody loves losing jobs (sarcasm). two: cost of living will go up. most likely at a higher percentage than the min wage goes up. say min wage goes up 15%, companies will probably go ahead for the 25% margin in raising prices to cover that extra cost (not to mention they are already going to raise due to the obamacare premiums). so, yes, those min wage people now make more money. 11/hr is about 50% more an hour than TN's current min wage. thats an insane jump. so, now milk is probably going to cost about $5/gal up from $3. gas, well, we already know how volatile gas prices are to fluctuations like this, so that should be fun. so, while that persons check is bigger, guess what, the cost of living is now higher. so, that min wage check goes the same exact distance that it did before, if not less, but you make more money so you feel good. just now you may get taxed in a higher bracket, hi uncle sam. guess who really gets screwed: people not making min wage. what if you already make $12/hr? well, when the min wage goes up, guess what you get? $12/hr. thats what you get, but guess what happens to your cost of living, yeah, that just went up. congrats, your $12/hr is now worth much less.
you want to make more than min wage? get a job that doesnt pay min wage. learn a skill set. if school is your thing, go to school, if not, go make min wage in a field you want to work in and bring home a shit check while you learn the field. getting paid min wage to learn a skill is 100% better than going into debt at some over priced tech school to learn a skill. at least you are getting paid to learn vs paying to learn.
the only person holding anybody back from making more than min wage is yourself. nobody else. nobody is forcing you to keep clocking in a job that you hate that pays crap. nobody is holding you back from seeking other employment. if you are the type of person that has been working the same min wage job for years and years and years and see no prospect of getting out, its your own fault. nobody elses. obviously, if you've been in the same position while others have moved to different positions or even quit to go to other places, then obviously you are the problem and the reason you havnt gone anywhere.
did i miss anything or am i just completely wrong here?
i seem to be the only person i know that sees it like this. nobody else has. please tell me im not alone here.
