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I think it's too much. Minimum wage jobs were NOT meant to be self-supporting jobs,
unless, I suppose, you work alot and live alone in a run down shack. Other than that,
it's main purpose is for kids not yet out of school to at least give them enough money
to support themselves with supplemental help from parents, loans, etc.
Or, as a decent way for, lets say, a married couple where one person works
full time, but their SO, man or women, are 'stay-at-home' people, but are
wishing to work to make some money for themselves - while not great pay,
it is enough for alot of people getting a steady income from elsewhere to
make enough to let themselves buy what they need that's extra.
Example:
...... Raising the minimum wage one dollar would force a company paying just ten
workers, working eight hours a day, to shell out 80 more dollars a day - something
I'm sure many small businesses, such as franchised owned fast-food restaraunts are
not willing to do. Say the current price is, for easy calculation, five dollars an hour.
They're spending 40 dollars a day on each employee. 400 dollars total. By raising
it to 6 dollars, the store is now paying 48 dollars a day to each employee. 480 dollars
total. Therefore, say the maximum amount they were willing to pay employees
for an 8 hour workday was 400 dollars, well, now, they're going to have to drop
two workers, and set about possibly making the other 8 people work possible overtime
without extra pay (this is easy to circumvent.)
Lets say that every place of work employees only 10 workers (not true, but still...)
The new arrangement on all of these places would then only hire 8 workers, who, while
they are getting paid more, probably will have to work longer hours to keep the
business running smoothly and efficiently - while running the risk, as said earlier, of
unpaid overtime, because the company could not afford doing so without either laying
off another employee, or ruining their profit margins.
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"Marino could do it."
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