Minimum Wage Options

[*Steven*]

It's being raised, I think it's a dumb idea. What are your thoughts on the matter?

The minimum wage in Texas is 5.15$/hr. They're raising it to 7.25$/hr over the next 3 summers. I think that's kind of, unnecessary. For one, the majority of people making minimum wage are young high-school students etc. They don't stay making this wage for very long, and it's typically a starter job in which they make this money. By raising the minimum wage, no one (imo) benefits. The prices of goods go up because the employers are having to pay their employees more money and don't want to lose profit. Because of this, every day goods prices have gone up and people who don't benefit from the wage increase have to pay a larger sum of their salary/paycheck towards those every day goods. The people who are getting a higher wage (assuming they were working minimum) don't earn any more money in comparison to what they can buy. Sure the dollar amount is higher, but they have to spend more.

[BOOGERSHAHA]

i never dabble in the debate forum (and i'm barely debating, in my opinion), butttttt...

there's a solid economic argument that raising the minimum wage is not good. it leaves more people unemployed.

let's say the minimum wage is raised. employers are annoyed because their expenses are higher. so with the higher minimum wage, they'll want to hire "better," "smarter" people to do the job. makes sense right? if you're shelling out more money for employees, you'd want better quality.

so basically the "dumber" people who were supposed to benefit from minimum wage are actually screwed because people don't want to hire them.

aaand i'm out.