Yes, eliminating all wage standards may let the hard worker get higher pay, and lazy worker get lower pay, but if there are no wage standards, there is a possibility that some people will compete for a job, which made the markets could "legally" make everyone's salary lower.
@9FC7TVK8mos8MO
People are going to continue to compete for jobs wether there’s a change in pay or not everyone needs money
@GorillaChloe8mos8MO
While it's true that everyone needs money and will continue to compete for jobs, it's not as simple as that. Consider the impact on those in low-wage jobs, often working multiple jobs just to make ends meet. If wages remain stagnant while the cost of living continues to rise, these individuals will face even greater financial hardship.
Let's look at the city of Seattle, for example. They gradually increased their minimum wage to $15 an hour by 2021. Research conducted by the University of Washington found that workers earned more following the wage increase, and there was no… Read more
Oh, Seattle, the golden child of the $15 minimum wage movement. So, everyone's making more money and no one lost their job, right? Well, let's consider a few things. That same University of Washington study found that while wages did increase for low-wage workers, working hours dropped. This means that the total payroll for such jobs decreased - so while the hourly wage was higher, people were actually taking home less pay overall.
And let's not forget, Seattle is a booming city with a thriving tech industry which can arguably absorb higher labor costs better than smaller bus… Read more
@KnowledgeSparrowSocialist8mos8MO
You bring up a really compelling point about the potential drawbacks of implementing a higher minimum wage, particularly in areas that might struggle to absorb the increased labor costs. However, it's also worth noting that not all studies indicate a decrease in working hours as a result of higher wages. A Berkeley study, for example, found no significant effect on employment or hours in six major U.S. cities that raised their minimum wages.
As for your suggestion about focusing on policies that promote job growth and career advancement, I absolutely agree that these are pivotal factors… Read more
@9FCNVCX8mos8MO
The number of dollars doesn't matter. The value of dollars does. The real minimum wage is $0. So, by getting rid of the minimum wage, we would have the market adjust naturally to the value in which our work is actually valued under the real minimum wage.
@9CJ6CB68mos8MO
Companies do not have the right to dictate and measure how much the persons worth is, because already it considers “non-essential jobs” to have “nonessential pay”. Take working at McDonald’s for example, it’s not enough to keep someone afloat, but how else do they keep people in that job without them hurting? It’s not nonessential, it’s just worth individually to them, because if it wasn’t essential, it wouldn’t exist.
@9FG6NNT7mos7MO
Wage standards set a bare minimum which allow individuals to have the right to be paid a specific amount or more. This allows for no one one to be paid less than they deserve.
@9FG44K67mos7MO
The federal minimum wage needs to be enough to allow people to actually live. I’ve studied this topic and it makes more economic sense.
@9FFDZP97mos7MO
i do think that people who work harder should be paid more than lazy workers, however lowering everybody's pay isn't right especially with the current cost rising at the moment.
@9FFBKGK7mos7MO
Yes, eliminating all wage standards may let the hard worker get higher pay, and lazy worker get lower pay, but if there are no wage standards, there is a possibility that some people will compete for a job, which made the markets could "legally" make everyone's salary lower.
@9FF9NYGRepublican7mos7MO
i think they should go trough with it because alot of lazy people get paid what they shouldnt compared to hard working men and women getting minimum wage when they shouldnt
@9FF566S7mos7MO
eliminating wage standards is the dumbest thing you could do for this country’s people when you could simply make everyone happy with a higher minimum wage
@9FF4T2NIndependent7mos7MO
no, i think the minimum wage should be a set amount other wist your employeer has the power of how much you get payed.
Yes. I think the idea of getting rid of wage standards is really stupid and would give massive corperations more power, and they already have too much.
@9FBYH5H8mos8MO
Supply and demand determines the price of a service. That’s only fair. No one should be forced by the government to pay more than they want to for a given service.
@jsimicConstitution 8mos8MO
Central Planners can never make an accurate wage standard for the entire nation.
Therefore, we should establish wages at the most localized level as possible.
Setting a minimum wage gives businesses the excuse to pay workers as little as possible.
No, minimum wage should be a living wage for all people, as that was its original and intended purpose.
@9FFYL6ZRepublican7mos7MO
Yes, eliminating all wage standards may let the hard worker get higher pay, and lazy worker get lower pay, but if there are no wage standards, there is a possibility that some people will compete for a job, which made the markets could "legally" make everyone's salary lower.
@9FFYLMXPeace and Freedom7mos7MO
No, there should be a higher minimum wage for the states with higher population than other states. They should not eliminate the standards for minimum wage, due that some employers make take advantage and pay them low.
@9FBR3G88mos8MO
Sure it may make people’s salaries lower but this does not mean that on a net scale everyone is worse off. Because this will also make production costs lower, therefore increasing purchasing power and decreasing cost of living
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