- Joined
- Jan 16, 2021
- Messages
- 104
- Reaction score
- 39
- Gender
- Male
- Political Leaning
- Independent
I wouldn't care if they only wanted to increase the minimum to $8-9 per hour (more like the most recent changes); it is the proposed change to more than double it within 5 years that I think is a bad idea. Just because employers have been willing to pay many employees $8-12 per hour so far that doesn't mean they will be willing to pay nearly as many $15/hour even for more experienced workers let alone as the most basic entry-level starting wage; the extra money will add up for multiple people working full-time.
Even if we ignore the risk of increased unemployment and small business closures, I still don't see how it would be fair to the majority involved to basically devalue the dollar and increase prices that much that fast for everyone simply for the sake of the minority that currently make less than $15/hour.
What about people that don't get a raise and are already living paycheck to paycheck, should they have to max out their credit cards, sell their house, etc. because of this? What about retired people that only have so much saved and/or from pensions, social security, etc.? That's who I worry about more than teenagers still living with their parents that are actually making the 7.25 minimum these days.
Even if we ignore the risk of increased unemployment and small business closures, I still don't see how it would be fair to the majority involved to basically devalue the dollar and increase prices that much that fast for everyone simply for the sake of the minority that currently make less than $15/hour.
What about people that don't get a raise and are already living paycheck to paycheck, should they have to max out their credit cards, sell their house, etc. because of this? What about retired people that only have so much saved and/or from pensions, social security, etc.? That's who I worry about more than teenagers still living with their parents that are actually making the 7.25 minimum these days.
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