Quote:
Originally posted by pan6467
If Bush wants to play the economy card then he should answer why he refuses to raise minimum wage from $5.25 an hour to a liveable wage,
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You obviously are missing some basic ideas about the minimum wage.
#1 The minimum wage is NOT meant to be lived off of. Its for basic entry level unskilled jobs. You can't afford to pay every teenager working for you a 'living wage'.
#2 As such if you made it a living wage, jobs would be lost. This would be first in the cost, second in the economy as a whole as productivity goes down. Many small business would fail, such as my brother in laws. He has a small pizza place and employs a lot of local kids there part time. Prices would HAVE to go up if the wage were raised, and at his current margins he would go under. He wouldn't be making more money per pizza, but he would have to charge more, if the price is higher less people will be able to buy said pizzas, hence bye bye pizza place.
#3 Unions always push the democrats to raise the minimum wage, but only because they get to base their wages off the minimum. If the minimum is X dollars for UNSKILLED labor, they can argue their skilled labor is worth more.