Racerbvd |
01-14-2007 04:50 PM |
Quote:
Originally posted by JSDSKI
Such a peculiar view of the Constitution is disheartening.
There is no definitive answer to this argument. There is just as much evidence an MW increase is a benefit. It has existed for a long time in many different countries with many different economies and many different demographics without destroying low and non-skilled jobs. Instead, there are substantial studies that answer both sides of this issue affirmatively and negatively. This tells me that the minimum wage is just a variable in a complex economy rather than an organizing principle. It is a small part of the larger question of WAGES.
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Do you own a business, if so do you start then at MW?? There was a great piece by David Finkel in todays paper
http://www.washingtonpost.com/wp-dyn/content/article/2007/01/09/AR2007010901812.html?nav=rss_nation
Quote:
Life at $7.25 an Hour
As House Prepares to Vote on Minimum-Wage Increase, Issue Is Complex for Those Who Earn, or Pay, That Amount
By David Finkel
Washington Post Staff Writer
Wednesday, January 10, 2007; Page A01
ATCHISON, Kan. -- It was payday. Money, at last. Twenty-two-year-old Robert Iles wanted to celebrate. "Tonight, chimichangas!" he announced.
He was on his way out of the store where his full-time job pays him $7.25 an hour -- the rate that is likely to become the nation's new minimum wage. Life at $7.25: This is the life of Robert Iles, and with $70 in a wallet that had been empty that morning, he headed to a grocery store where for $4.98 he bought not only 10 chimichangas but two burritos as well.
CAPTION: Robert Iles works for $7.25 an hour in Atchison, Kansas - the rate that is likely to become the nation's new minimum wage. Robert Iles has his own version of a dollar's meaning, learned last February when store owner Jack Bower (left back) took him aside and said he would be getting a pay raise to $7.25. ?Okay,? Iles remembers replying, wanting to seem business-like. ?But inside I was doing the cha-cha-cha,? he said. ?It was like going from lower class to lower-middle class. (David Finkel - The Washington Post)
Phil Dempsey Jr., 8, comforts his father, Phil Dempsey, of Lithicum, after the Ravens were defeated by the Colts. (Jonathan Newton -- The Washington Post)
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From there he stopped at a convenience store, where for $16.70 he filled the gas tank of the car he purchased when he got his raise to $7.25; then he went to another grocery store, where he got a $21.78 money order to pay down some bills, including $8,000 in medical bills from the day he accidentally sliced open several fingers with a knife while trying to cut a tomato; and then he headed toward the family trailer 19 miles away, where his parents were waiting for dinner.
Today in Washington, the House is scheduled to vote on whether to increase the federal minimum wage from $5.15 to $7.25. Passage is expected, with Senate approval soon to follow, and if President Bush signs the resulting bill into law, as he indicated he would, the U.S. minimum wage would rise for the first time since 1997, ending a debate about whether such a raise would be good or bad for the economy.
But even if the matter is settled in Congress, it isn't settled at all in Atchison, and Robert Iles's drive home is proof. Every stop he made on his ride home revealed a different facet of how complicated the minimum wage can be in the parts of America where, instead of a debatable issue, it is a way of life.
At the store where Iles works, for instance, the owner thinks the minimum wage should be increased as a moral issue but worries about which employees' hours he will have to cut to compensate.
At the store where he bought the chimichangas, the cashier who makes $6.25 worries that a raise will force her out of her subsidized apartment and onto the street.
At the convenience store where he bought gas, the owner worries that he will have to either raise prices, angering his customers, or make less money, "and why would I want to make less money?"
At the store where he got the money order, the worries are about Wal-Mart, which not only supports an increase but also built a Supercenter on the edge of town that has been sucking up customers since it opened three years ago.
As for Iles -- who keeps $70 out of every paycheck to cover two weeks' worth of food and gas and in a matter of minutes was already down to $26.54 -- his worry was as basic as how fast to drive home.
Drive too fast and he'd be wasting gas. But his family was waiting. And his chimichangas, best cooked frozen, were starting to thaw.
The Meaning of a Dollar
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http://belowthebeltway.com/2007/01/10/the-real-cost-of-a-minimum-wage-increase/
Another good read,
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