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Opinions: ‘Real America’ is its own bubble
#8
(12-14-2016, 05:56 PM)Griever Wrote: despite the fact that trump and everyone he is involved with believe in a low minimum wage...wages won't go anywhere while trump is in office

Because you cannot create a consumer class by artificially raising the minimum wage, across the board.  Sure, in metro areas, where the cost of living is much higher, they need to raise the income of their lowest earners to afford them to be able to live there.  Otherwise, who would be there to serve them?

But, in regions where the mean income is lower, it has a much different effect.  All that raising the minimum wage to an arbitrary number does, is put more businesses out of operation, and more people on the take from the Government.  Each State is able to set it's own minimum wage, as it should be.  The Federal minimum wage should be set to equate the purchasing power that a person working minimum wage in a rural area to the same purchasing power as a minimum earner in a more affluent place.

Let the market decide what a business pays their employees.  The ones who's jobs don't require a lot of skill, yet want to maintain a competent and steady workforce, already pay above the minimum.  Businesses that don't care about things like quality and having a high turnover, do not pay more than they need to.
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