If you don't understand what I meant by "being handcuffed by minimum wage laws" I'll explain it to you:
Businesses, to turn the best profit want to hire cheap and produce a lot. They want to hire for cheaper than $7.50 [i think that's minimum wage]. Because government has a forced minimum wage law, companies cut down their workers because if they just hired willy nilly they would end up losing money [which isn't exactly the point of business].
So they cut workers or send jobs overseas. Low supply, high demand. You do the math.
If the minimum wage law is lowered there will be even more money coming out of the taxpayers pockets. $15,000 isn't much of an annual salary. Lower the minimum wage and that goes down further. Basically a single person will have to have more than 1 job to make ends meet. Therefore, it would be interesting to see how many net jobs lowering minimum wage laws would create . . . if you create an extra job but a low level employee has to work 2 jobs to make ends meet then there is no benefit to unemployment numbers.
The minimum wage laws are not the problem.
I am not sure minimum wage jobs are meant for someone to live off of but rather a stepping stone to a better job. You get a low paying job aquire skills and then move up the ladder as it were. If you expect a person to live off minimum wage you will not be very happy. :thumbs
But many businesses want to move to a more minimum wage worker and management and nothing in between. And because now your workers are making next to nothing, the levels of management pay are lower, unless you are in a corporate office, then you get more money pretty much regardless of how the company does.
I'm so far beyond sick of this 'best profit' BS. There is such a difference between making a good fair profit, and being a greedy SOB. And things are clearly focused on the greedy SOB side of things now. If its borderline legal, and can make a few people more money, then they do it. Regardless of if its the right, or ethical thing to do. Businesses cut benefits, cut perks, less vacation, less sick days, cut pay, do away with raises, require more hours, and worse hours, all in the name of making more money for the greedy SOB at the top.
No one hires 'willy nilly' The
ONLY reason for an argument against $7.25 an hour is greedy leadership. Hate to break it to you, but businesses don't run without the ground floor employes, they deserve to be paid fairly for what they do for an operation.
Anyone who can honestly say that $58(before taxes) for 8 hours of work is out of line needs to take a very long, hard look in the mirror.
What things are really looking like is the .1% would like to go back to the aristocracy and serfs set up.