The truth is, raising the minimum wage is a way to increase unemployment. Historically, every time it has been raised, unemployment has gone up. . Now, each employment contract is a one between willing worker and willing employer. Nobody forces you to work for minimum wage (which tends to be for part-time teen employment rather than full-time employment). You can choose to work or not. But if government arbitrarily raises the labor cost, you may not have a choice, as the job you might otherwise take isn't available. If you truly want to make more than minimum wage (whatever it is), you get a college education in a science. Or a technical education in health or law enforcement. Or work in a dangerous and arduous job like Oil Roughneck. Working in fast food will never pay you enough to live on; it's intended to be for students in their first job, to learn the discipline of work. Having been an employer, I can tell you my experience: they rarely made any money for me until they had been with me for 6 months. The learning curve of employment (after knowing only school) is fairly steep.
Because then all products would have to be raised in price also, employers would quit hiring and the folks left would have to do twice or three times the work. It's simple economics, and no I'm not a right winger
If the minimum wage were raised, small business would not be able to afford to hire workers and less people would be hired, Business should be free to pay people based on the value derived from the job and not a required minimum amount. If that amount is deemed to be too low, they are free to look for employment elsewhere.
The Chinese kids who work in Nike factories for $2 a day might ask the same of you. Why don't you pay a fair amount for your products so lil' Ching Lee can have Hot Pockets & Twinkies for Thanksgiving???
I don't think it's necessarily something related to a particular political party, as much of just a power thing. Those that have money, have more influence and power over those that don't, and they don't really want to share it. They'll continue to wring as much as they can out of the lower classes, for as little money as they can get away with, because otherwise they risk losing their power and influence.
How much would you say is fair. I run a landscaping business and have never payed anyone min wage. Why you might ask because no one would do the job for more than a week if I did. But knowing what I know if I needed a job and all I could find was a min wage job. I would take it and in six months I would have a managers job. Because I know what it takes and what a boss looks for.
If you could just get YOUR wage increased it would be a perfect situation. Inflation is relatively low now. If minimum wage goes up so will prices of everything you buy with your wages. It's comparable situation to trying to climb a greased pole. We will be better off making ourselves worth more to our employers and increasing our wage that way. I think both Republicans & Democrats realize this to he true
Think about this: you get hired with a company for minimum wage. You know nothing about the job. They train you. Build your confidence. Get you to where you are making good reliable products. Get you to where they don't have to hold your hand. Then they increase your wages, because you have value, now. So let's say you went from $7.50/ hour, to $10/ hour. If the government makes them increase wages to $10/ hour, you just lost your increase and are being paid the same as someone who lacks experience.