General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsShouldn't raising the minimum wage be the "fiscally conservative" thing to do?
I mean after all, all the GOP does is cry about Fed spending. Wouldn't raising the minimum wage to $10/hr+ help people possibly need less Govt. assistance?
For example: If someone who makes $7.25/hr yet is subsidized by the Govt for food-stamps etc. makes $10/hr for a 40/hr work-week that would equal about an extra $100/wk in their paycheck, which in turn may make them not need to rely on Fed assistance as much. They may be able to drop food-stamps due to the extra $100/wk for groceries. That would lessen the burden on the FedGov.
Or does corporations having the ability to do whatever the f**k they want & not be told what to do trump their desire to actually curb Federal spending?
If you can't afford to pay your workers a somewhat livable wage than you shouldn't be in business to begin with, or you shouldn't be making the profits your making on the backs of paying your employees shitty wages and having the FedGov subsidize the rest. All that's doing is making the rich richer with profits, but socializing the losses.
HopeHoops
(47,675 posts)AJTheMan
(288 posts)Republicans wouldn't support it because it gives more wealth to the poor-middle class. A higher minimum wage means lower profits for the corporations and less money in the hands of the CEO's. This is obviously antithetical to the G.O.P's "Corporations First" agenda. You know, since corporations are people, my friend.