MINIMUM WAGE

MINIMUM WAGE

 

THE CURRENT MINIMUM WAGE IS TOO LOW

 I support a higher minimum wage. I can't claim to know what that number should be, as I'm not an economist. It seems like a lot of people have settled on $15 an hour.   That seems like a good place to start, but I don't know if that's the right number. However I do know that just setting an arbitrary number seems counter to good economical practices. We need to tie the minimum wage to some sort of economic test. Be it inflation or another calculation like the social security COLA. We can't just say "$15 an hour" and then let it be for the next 20 years. We'll be in the same mess in 20 years then.  

Also let's be real here. Making under $30k/year is living in poverty for any family. It means food insecurity. Housing and utility issues. It hurts our children and working class to make so little. It hurts our economy to have families not spending money. More spending means more production. More production means more jobs. More jobs means more spending. Demand drives supply, not the other way around. If there's more money being spent, more jobs will be created to keep up with demand. This is how healthy economies function.

 

Now some people will argue that McDonald's employees shouldn't be making $15 an hour. I get that sentiment, but I don't believe it. If all jobs had a minimum of $15, then that would incentivize employers to pay better for more skilled jobs. Why should a factory worker deal with the stress of working at a factory when they can go a less stressful job at the same pay? Why would a mechanic deal with getting dirty and sweaty, when they could be getting the same pay working in an air conditioned office? If everyone gets the same minimum, employers will be forced to pay better for more skilled positions. It's happened before, and it'll happen again.

"It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country."  - Franklin Roosevelt