Not to suggest you are wrong, xaihou, but I'd like to see a legitimate breakdown of what type of people work for minimum wage. I see more adults bagging groceries and flipping burgers than I do kids.
Most places give one raise per year. Merit raises in companies that pay 50% of their workers minimum wage will be next to non-existent because a company that pays that many people mimnimum wage most likely has a "cap" on how many merit raises you can give per quarter, so it becomes less of a merit raise and more of a "these 2 people are my best, i dont want to lose them" raise, even though 8 or 9 others may deserve one. So working for a year at 5.35 means you will soon be making 5.75 or the like -- WOOOOOHOOOOOOOOOO!!!!!! In 7 years you will be up to over 8 dollars WOOOOHOOOOO
Every argument from the pundits about how raising minimum wager would ruin the country seems to revolve around a few issues:
1-it would raise prices (duh.)
2-it would raise other wages because people making 30% above minimum wage would also want a raise
3-small business (sacred cow alert!) will have to lay off people or go out of business
Number 1 is a gimme. And you know what? I would gladly pay 10 cents more for a happy meal or a gallon of milk if the trde off was minimum wage was higher. I guess I'm just that type of guy
As for number 2 and 3, there is no proof. Pundits, schmundits, economists blah blah. Give me proof. Show me where, at the last raise of minimum wage, businesses went under and the unemployment rate went up, show me show me show me.........Instead of repeating the same old unproven crap that has been repeated for the past 10 years, lets see some actual evidence, rather than speculation.
The prices of EVERYTHING has gone up over the past 10 years with minimum wage the same. In 1997 I payed 92-cents for gas and 2.25 for a gallon of milk. Now I pay 2.97 for gas and 3.25 for milk. Yet the bottom tier of the workforce makes virtually the same despite a higher cost of living.
I know, I know, people need to get "an education" or "spend more wisely(know their place)" or relocate to a better job market. I got another one, I think Americans should unpucker their stingy little buttholes, because the people working for minimum wage aren't the cause of all our financial problems.
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