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Agman wrote:I do believe in the minimum wage. In fact, I believe it should be raised. Remember, that people in that income strata spend virtually every dime. They are eager to move up the protein ladder on which beef is perched at the top. If there is no income there is NO BEEF. Increasing real incomes at the the lowest income strata was paramount in stemming the decline in beef demand in the late 1990's after 19 years of decline.
Agman wrote:
I do believe in the minimum wage. In fact, I believe it should be raised. Remember, that people in that income strata spend virtually every dime. They are eager to move up the protein ladder on which beef is perched at the top. If there is no income there is NO BEEF. Increasing real incomes at the the lowest income strata was paramount in stemming the decline in beef demand in the late 1990's after 19 years of decline.
Agman, isn't the purpose of the minimum wage supposed to be as an entry level wage?
It seems to me if it is too high, that will discourage hiring people who are maybe lacking in skills and need "practice" so to speak.
Or those who are simply not capable or willing to do the work in a way that makes them a valued employee at the wage that is required.
I can see your point, by worry about the downside, too.
What if an employee can't generate the income for the company to cover their own wage?Paying eveyone a "living wage" is a nice idea, but not every employee can do an adequate job to pay their way in that scenario, IMO.
MRJ
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