It
really is a no-brainer that people can't survive (raise a family, get
ahead, save money, etc) on $7.25 per hour. Will they be able to
"survive" on $10.10 per hour?
What happened to the personal economy when the minimum wage was raised to $7.25 on July 24, 2009? Well, in the short term, people enjoyed that boost in their paychecks. But they also noticed that their new wealth was no more able to raise their standard of living than being given a puppy. The cost of living increased due to the higher cost of labor. In July, 1967 I worked for $1.00 per hour in a hospital laundry. It was my first job and thought it a fair wage for unskilled labor folding sheets and loading machines. At that time, bread was about $0.25 per loaf, milk was about $.030 per gallon and a pound of ground round was about $0.50. So for that dollar, after taxes you could get 2 of the 3 items. And you could buy 4 gallons of gas for about $1.00. You could buy milk, bread and almost 2 gals of gas. Today, March 8, 2014 you can work for $7.25 per hour. Milk is about $3.00 per gallon, a loaf of bread is about $2.00 per loaf and a pound of ground round is about $7.00 a pound (okay, so you'll get that prepackaged no see-um ground meat(?) for $3.00 per pound) [Who wants meat that actually tastes good anyway?]. After taxes you will probably get about $6.00 (when you make more, you will get less than that, probably closer to $4.50). So for $6.00 you can get a gallon of milk and a loaf of bread. Or, 1 pound of cheap meat and a gallon of milk. And you can go to the gas station and lust after that gallon of gas at $3.20 per gallon.
What will $10.10 get you? Prices have already gone up as of March 14, 2014. Bread is still about $2.00 a loaf, but a gallon of milk is edging closer to $4.00 per gallon and a pound of cheap meat is about $5.00. You'll still get about the same thing you were getting before. And you still will lust after that gallon of gas which will probably be closer to $4.00 per gallon than $3.00.
Raising the minimum wage really won't get us anything. It won't raise anyone's standard of living. And the poverty level? It's just a number. It doesn't mean very much. JESUS said, "The poor you will have with you always..." The Government, that mini-god in Washington, DC, will only cook the books and wiggle the numbers until it suits whomever is in office no matter what party gets in. What is poverty? A lack of "stuff"? We no longer have to worry about a lack of "stuff." We need to be concerned more with our moral poverty. And this country is on the brink of moral bankruptcy. From irrational children suing parents for their "right" to parental money, to the government removing children from parents because they (the bureaucrats) disagree with the doctors the parents took their child to, we, as a nation, have LOST IT! And yes, if you read this far, you could probably find fault with some of my math or my beliefs, but you get the point.
Instead of raising the poverty level otherwise known as the "Minimum Wage," why not raise the level of employ-ability by allowing lower wages for a period of time and provide quality training for a higher paying job or vocation? Simply giving or requiring employers to give higher wages doesn't solve anything.
Remember the old adage, "Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime." Unless the Government steps in and taxes or regulates him out of business.
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Friday, March 14, 2014
From Poverty to Poverty - Raising the Minimum Wage solves nothing!
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