So let me get this straight. We are going crazy doing verbal and intellectual somersaults over 1.2 percent of adult workers?
According to the Indianapolis Star, The minimum wage isn't working for Chaneice Coleman. "I have two kids of my own, and I've got bills to pay," said Coleman, who now works at another fast-food restaurant. (not McDonalds) "Getting paid $7.25 an hour is not cutting it." This quote and article in the star refers to the recent ruling against McDonalds. So, that is my fault? I am failing to understand why we are considering raising the minimum wage to 15 dollars an hour. Many skilled workers make $13-$15 an hour, and you want unskilled workers to make that?
But wait! Things are getting worse in this country! We must stand up and fight against the greedy business owners! Wrong again. According to the BLS: The proportion of hourly paid workers earning the prevailing federal minimum wage or less declined from 5.2 percent in 2011 to 4.7 percent in 2012. This remains well below the figure of 13.4 percent in 1979, when data were first collected on a regular basis.
Here is my final answer. We should not raise the minimum wage. If we do it will price young and inexperienced workers out of the market and will not allow them to gain the necessary experience they need to garner higher wages.
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