Is it Better to Be Employed at $8.00 per hour or to Be Unemployed at $15.00 per hour?

[rangerrebew]

Is it Better to Be Employed at $8.00 per hour or to Be Unemployed at $15.00 per hour?
 

By Chuck Lehmann  June 28, 2019


The push is on by the Democrat Party to have the government mandate a $15 per hour minimum wage.  If there ever was a job killer proposed by our feckless politicians, this would be right at the top.

Everyone wants to make as much money as possible working at a job, but it should be determined by the free market not by a government mandate. Remember, a worker really does not get paid by the hour, he/she gets paid for the value they bring to the hour.  If an employer wants to pay $10, $15, $20 or more per hour to their employees, fine, but it should not be dictated by the government.  It should be determined by the employer as to what they can afford and what he/she needs to attract new employees.  The free market shall determine what an employer needs to pay.
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This proposed increase in the minimum wage really hurts the people the promoters of the mandated minimum wage are trying to help.  The minimum wage is not supposed to be a wage that will sustain a family.  It is a wage used as a stepping stone for unskilled, inexperienced workers starting out in their working career.  It also is geared for the senior citizens who are looking to supplement their retirement income.  Most workers, who today work for the minimum wage, are teenagers starting out their working careers.  Most find employment in fast food restaurants, service companies and clerks in retail stores.  If the employer is forced to pay someone more than what the job is worth to the employer, then the employer most likely will not hire a worker, he may lay off workers, he may cut the hours worked by the employees, he may have to raise his prices to meet the added cost of doing business, or he may just have to go out of business, thereby creating more unemployment, especially among the young people needing to get experience by working at a job.

https://canadafreepress.com/article/is-it-better-to-be-employed-at-8.00-per-hour-or-to-be-unemployed-at-15.00-p

[Slide Rule]

Is this a trick question?

:)

[Bigun]

Is this a trick question?

:)

IMHO it is an EXCELLENT question that needs asking often!  The gooberment needs to keep its damned nose OUT of the marketplace!

[The_Reader_David]

Price controls in any direction always produce problems.  I think we should reframe the $15-minimum wage discussion in terms of the government requiring workers to charge at least $15/hour for their labor.  Framed in that way it should be obvious even to a leftist millenial that there's a problem:  you might not have buyers at that price.