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Economy
In reply to the discussion: Question about minimum wage [View all]Warpy
(111,222 posts)40. Tim, how often do you hear small businessmen clamoring for a roll back
of any minimum wage increase once the increase has been in place a few months?
I never have, not in the decades I've been alive.
The truth is that raising the minimum wage always increases his business far beyond what he's shelling out to his employees. Minimum wage increases have always been in the "give a little, get a lot" category.
That's your answer, right there.
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parity with the "global economy" where some countries $1 a day is the norm for most people.
Sekhmets Daughter
Feb 2013
#5
You are exactly right! It's important we remember that if someone is willing to pay you minimum wage
gtar100
Feb 2013
#29
I don't know that you need books on the issue...Google is your friend.
Sekhmets Daughter
Feb 2013
#3
Thanks! By the way, other than Krugman and Stiglitz do you have any other recomendations?
Pendrench
Feb 2013
#19
Food costs more, so does gas, living expenses. How is increasing min wage to not even keep up
uppityperson
Feb 2013
#31
"Making the poor comfortable does not help people advance it keeps them down." Raising minimum wage
uppityperson
Feb 2013
#24
Couldn't have been full time as not enough hours in the day for that. I've worked several jobs
uppityperson
Feb 2013
#37
Minimum wage workers I know were very happy to get more and didn't get extra work beyond
uppityperson
Feb 2013
#16
Here is what I found. I can understand any increase in business costs being difficult for a business
uppityperson
Feb 2013
#36