In my opinion raising minimum wage just contributes to inflation.

 

That is exactly what I was thinking, I just didn't word it like that.
But bingo, either way.

 

No margin for error!

The "savings" for not paying a decent wage is going into what we now have as record corporate profits of mankind, and offshoring the money overseas in tax havens, along with drug cartel money.

That is the "simple" explanation that the corporations want us to believe so we are afraid of what would be in the best interest of the workers. Take a look at the records being set on Wall Street. Keep in mind that I have been the CEO of an organization. Some employees were making minimum wage when I got there. I raised base salaries by an average of 24% across the board, increases productivity, and increase revenues by over 300% in three years.

And inflation is to low. Checked to see what the interest rate is on your savings account? That's why. Inflation is artificially controlled by the Federal Reserve and not a reflection on anything in the real world.

 

I think corporations could handle wage increases.
But small businesses like what my dad owns, would die quickly.

Especially since he doesn't have a regular job and what little we have comes from the business. If it wasn't for me, the business would have been dead about 5 years ago believe it or not. (I don't get paid)

 

You as a private CEO raised wage minimum thresholds. You saw growth and improvement. Good for your company.



The government raises minimum wage. We see a generation that expects more and more money for the same or less work. Not good for work ethic of the general public.

 

Most people aren't worth minimum wage for that matter.

 

Even at my old age, I believe that most people are deserving and appreciative and "more" money would be long overdue for being underpaid for many years. Nothing about less work. If people are not earning their keep, the answer is to fire them! But the dignity of fair pay for fair day's work is about economic justice and fairness. (and I have fired more people than I can count, even union workers.)



I am glad I do not have such a negative and judgmental perspective.

 

Work for Dollar Tree for 6 months and you'll find it out pretty quick, like my mom did.

 

Try unloading GM trucks when working for Wal-Mart.

EVERY truck is a disaster.

 

i think if i was to get a job at walmart i would forget to mention i am certified to drive forklift.