I recently said HECK NO and stated numerous reasons, particularly because if they received a 50% increase in salary, then it possibly deflated the value of my job, and if they received a raise that high, then why shouldn't I receive one too? I'm more talented than someone who pours a medium diet coke and can't spell half the words on the menu, right?
Now contrarily, I'm saying HECK YES to selectively raising the minimum wage under the following conditions:
The amount of welfare must be lowered. As it stands, people can make more money collecting welfare than they can working minimum wage. Why would you go to work when you can make more money, or almost as much, by hanging out all day? Why work for a handful peanuts when you get them for free?
Welfare amounts must be lowered while minimum wage is raised to $10 so that people can earn more by working.
No employee under the age of 25 shall be eligible for $15 minimum wage. People under 25 can still attend college or a trade school and make a career for themselves. Don't even talk to me about "I can't afford it" because the more poor you are, then the more money you receive in grants and loans. You CAN afford it. You just have to find the motivation to stop being a bum and do something with your life.
I don't believe in high school students earning $15 because they will spend it irresponsibly and they need to learn to manage their funds before becoming an adult. College students don't exactly need it either.
People over 25 who still refuse to do anything productive, or simply don't have the mental capacity, then yes, they should receive a wage that they can live on for themselves without collecting welfare. Some people just don't have the ability to function in other jobs or weren't lucky enough to have intelligent parents. That's fine. Those people deserve to live a nice life, and if they're going to work 40 hours a week providing a service that we need, then I fully support them earning $15.
The fast food industry jobs are mainly for high school and college kids. They're not designed to be life long careers, but rather stepping stones to growing up responsibly while handing a few free burgers to your friends on the weekends.
The other catch is that the greedy CEO's really need to assess their situations and realize how many people they can help. If you're a multimillionaire who loses a few hundred K, does it really affect your life? Your whole family is set for life. You could improve the life of a few others while you're at it.
- Selectively lower the amount of welfare benefits for people fit for work, which does not include those with physical handicaps or other conditions.
- Raise minimum wage for people over 25, or those with conditions deeming them unable to work at other jobs.
- Set limits on who is eligible for both, creating a balanced mix of lowered benefits and increased minimum.
Maybe now there will be less people on welfare, more people strapping the boots for work each day, and teenagers aren't blindly banking $120 a day on an 8 hour shift thinking "I can live like this forever" and losing motivation to be something bigger and better.