Tiered minimum wage?

[Schneed10]

Originally Posted by GhettoDogAllStars

I've had a lot of 2 cents lately, why not another?

The reason for minimum wage is not to prevent people from being exploited by thier employers. The real reason is to get votes.

Having a minimum wage hurts the economy, by increasing the amount of unemployment. Bottomline: people will not take a job that's not worth the work. If there's a low paying job and there are people who are willing to work it -- why prevent that, even if the wage is lower than what some people think is acceptable? Minimum wage is a product of the employment market (much like all other markets). Setting it artificially high just means that companies cannot/will not employ as many people as they would like to.

Jacking up minimum wage does hurt the economy, but if people are working in jobs that can't even put a roof over their head or food on the table, they will begin to resort to crime.

It doesn't take a genius to realize why crime is so bad in our inner cities. The people there are poor and will resort to drugs, prostitution, theft, etcetera to make a decent living. The more people living below the poverty line, the more people will commit crimes.

You have a few ways of dealing with this: beef up the police force to try to deter crime, jack up the minimum wage so more people don't need to resort to crime, or offer welfare benefits to keep people from resorting to crime. No matter which method you employ, they all cost money. And really, you need a balance of all three.

It costs the economy, but that's the price of doing business, unless you want to have crime in our inner cities like in Mexico City. You think it's bad in NY or Philly, try heading down there.