This is what’s so annoying. I had literal arguments with both people online and IRL about this massive jump in minimum wage and how it would have this exact effect. I was told over and over that it didn’t work like that, that people needed a livable wage, etc. My argument was that not all work has equal value and that minimum wage jobs aren’t intended as jobs you raise a family on. They’re a stepping stone as you enter the workforce and begin to develop/gain skills to be able to do work which has more value. With the insane increase in fast food minimum wage only one of two things will happen. Option one is that the price of the food shoots up and can no longer be competitive. Why would you pay $30 for fast food when you can go to an actual restaurant and get better quality for the same price? This leads many of these fast food joints to close and with it the jobs. Option two is that companies find ways to cut services and/or automate to offset the increased cost. The end result here is that once again the jobs go away.
I would love to have a proponent of this explain to me how no jobs is preferable to lower paying jobs. As a highschool kid, I was grateful to have my minimum wage job.
My argument is that the jobs DIDN’T go away, they just became gig jobs. In the big picture the increase had no effect except for speeding up the transition from one form of delivery job to a different form of delivery job.
Min wage has to cover living expenses because otherwise people are forced to make up the difference from wellfare. So in effect it is a subsidy from taxpayers to companies that pay low wages.
Full time, min-wage workers cannot afford rent for a 1-bedroom flat in 90% of the entire country.
This is what’s so annoying. I had literal arguments with both people online and IRL about this massive jump in minimum wage and how it would have this exact effect. I was told over and over that it didn’t work like that, that people needed a livable wage, etc. My argument was that not all work has equal value and that minimum wage jobs aren’t intended as jobs you raise a family on. They’re a stepping stone as you enter the workforce and begin to develop/gain skills to be able to do work which has more value. With the insane increase in fast food minimum wage only one of two things will happen. Option one is that the price of the food shoots up and can no longer be competitive. Why would you pay $30 for fast food when you can go to an actual restaurant and get better quality for the same price? This leads many of these fast food joints to close and with it the jobs. Option two is that companies find ways to cut services and/or automate to offset the increased cost. The end result here is that once again the jobs go away.
I would love to have a proponent of this explain to me how no jobs is preferable to lower paying jobs. As a highschool kid, I was grateful to have my minimum wage job.
My argument is that the jobs DIDN’T go away, they just became gig jobs. In the big picture the increase had no effect except for speeding up the transition from one form of delivery job to a different form of delivery job.
Min wage has to cover living expenses because otherwise people are forced to make up the difference from wellfare. So in effect it is a subsidy from taxpayers to companies that pay low wages.
Full time, min-wage workers cannot afford rent for a 1-bedroom flat in 90% of the entire country.