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#18 | |
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Pro Bowl
Join Date: Feb 2004
Location: Virginia Beach
Age: 52
Posts: 5,311
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Re: Tiered minimum wage?
Quote:
My main contention is that petitioning the government for a higher minimum wage is asking for government assistance. The other things people often mention like, "I have X number of kids, so I can't afford to live on that" -- that doesn't wash with me. First off, you shouldn't be reproducing if the best you can do is minimum wage. I also think people easily forget the risk that is involved with owning your own business, i.e., being an employer. It takes so much time, capital, hard work, and the possibility of failure is so much greater when you start a business. Add to that the responsibility of hiring people - the trust that's involved with those hirees -- it's a major headache. Then on of top all of that, a completely unrelated third party (the gov't) forces that person at the point of a gun to offer a minimum wage -- in some cases a wage that is much higher than the person is worth. When that happens, the employer's budget goes out of whack, and he either has to adjust his hiring down, or make up the cost for the higher wage into the price of the product or service he offers. I could go on and on. The minimum wage is a socialist concept. Let the free market decide wages, and let individuals negotiate their own salary without interference from government. |
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