Minimum wage :(
Dad was listening to a podcast about minimum wage in the car. Here’s the gist:
Everyone thinks minimum wage is great. Why wouldn’t it be? The higher the minimum wage, the more money everyone gets paid and everyone is happy. Rigggghhhhhhtttt?
The very presence of minimum wage directly impacts employers. If you need to hire 3 employees to keep your business going but can only afford to pay each an amount under the minimum wage, your business will fail. Not only does this effect the business owner, but the employees as well. Now where 3 employees might have been hired, no spaces are available for anyone to work. It’s as simple as that.
Now for any objections…? “Those employees need minimum wage to get enough money to survive.” Minimum wage jobs such as fast food are not meant for any employee to spend their entire life working at. Maybe while attending college, but the entire goal of college is to transfer to a much more financially stable job.
There’s more to the argument but I’m tired and I can’t think. Besides, no one is going to ever read this.