Time To Raise Minimum Wage?

Avatar for cmkristy
iVillage Member
Registered: 07-05-2005
Time To Raise Minimum Wage?
5
Tue, 02-26-2013 - 10:46am

President Obama proposed raising the minimum wage in his recent State of the Union address. The impact of such a move on employment and the economy generally is debatable. According to Anthony Mirhaydari, businesses are already worried about burdensome taxation and regulation, and corporate earnings are under pressure. However, there is evidence of an improving situation for the American worker. Employers have already cut headcount and raised productivity as much as they can; now, in order to sustain growth they must either increase wages or hire more workers.

http://money.msn.com/top-stocks/post.aspx?post=326db023-caaf-461b-99de-1d3fab33d958&from=en-us_msnhp

What do you think?  Is it time to raise the minimium wage rate?

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iVillage Member
Registered: 08-18-2004
Sun, 03-03-2013 - 12:13pm
I pay 75 cents over minimum wage, and look forward to the day I can pay more. I have paid that since opening 15 months ago. But yeah, it irks me when I see large companies raking in the bucks and not spreading it around some. Maybe instead of raising it onto everyone, such as independent non-incorporated, mom and pop places, the law could be a bit more selective.
iVillage Member
Registered: 05-12-2011
Thu, 02-28-2013 - 3:36pm

I beleive the minimal wage should be raised. In today's atmoshpere. It is no longer just the kid flipping burgers who have these low end jobs. Sometimes it is all anybody can get. Many people need these jobs just to survive. And if you can barely keep a roof over your head u certainly not going to have much in disposable income to spend anywhere else. Many of these minmal wage earners also utilize food stamps and many time goverment programs because they don't have the extra money for child care or health care. To me it always amazes me that many of the low paying jobs in which we care for another human life (CNAs, day care workers)  are often amongst the lowest paying jobs.

And nothing peeves me off is when these say copropartions make money and the CEOs make big salaries and yet they cry poverty when it comes to the welfare of their workers who helped them in the 1st place

 

Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Thu, 02-28-2013 - 9:26am

Yes, Corporations are under enough burdens as it is.  What is the minimum wage, anyway? When I think of minimum wage I think of the kid that's flipping burgers at McDonalds or somebody working retail. If these people represent the majority then sure, raise the wage but these occupations will always be low paying, It will always mean two or three of these kinds of jobs if you're trying to keep food on the table.

 

 

iVillage Member
Registered: 04-18-2012
Wed, 02-27-2013 - 12:54pm
It's a great idea... in theory. But where is the money going to come from? I can't even count how many companies are cutting back right now just in an effort to stay afloat...
iVillage Member
Registered: 08-13-2007
Wed, 02-27-2013 - 12:17pm

Yes I do, for sure.  With the cost of living continuing to rise without an end in sight, I can't figure out why anyone would be against it.  I know way too many people and families struggling to make ends meet.  They need some relief and maybe raising minimum wage would help a bit.

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