What if there were no minimum wage?

[CHOPTALK]

I could see a situation where someone could actually make a lifetime career at a place like McDonald's if they could save some of that $15 an hr that they will be forced to pay everyone on paying the truly elite people in the company real money .

The problem is at a place like McDonald's is there is not much incentive for someone to get better .

The assistant manager does not make that much more money then the new bum they hired yesterday off the street that got fired at Popeyes the day before making $15 an hr.

Just like Willie and others I worked at subway in 1996 when I was in school and although my work ethic and personal standards would not allow me to mail it in and be average I think that's the exception.

I went from line clerk to part time assistant manager in less then 4 months but my pay only went up about $70 a week for much more responsibility and this was when min wage was around 7ish.

If I was still in that part of my life where I was in the min wage work place I would have preferred there to be no min wage at all.

This would allow me to compete against these plugs and have the fast food industry compete for the good workers.

You don't really have to compete right now the pay differential is not enough to make that happen.

There are a few out of the box companies like chick Fila that pay above min wage and wouldn't you know it they have the best customer service in the industry .


If you had no min wage at all I'm 100% confident I would have made even more money when I worked at subway then I did back then.

So I think we would all be better off eliminating min wage altogether rather then raise it.

 

[SheriffJoe]

There would be 0% unemployment.

 

[JDeuce]

I'm calling the Mizzou police on you! That hurt my feelings to read!

Nobody has ever been able to answer this for me: Why would any company pay employees more than MW if they aren't obligated to do so? If a doctor at your local hospital makes $500k per year...I guess they must have the stupidest financial managers around since they don't need to pay him more than what, $8/hour? How can a doc possibly command that much? Why would anyone be willing to pay that much? Must be magic!

Or, lets look at this another way. If there is a minimum wage, then shouldn't minimum prices on goods and services logically follow? No restaurant can sell a sandwich for less than $50. No bar can sell a beer for under $200. No auto dealer can sell any car for less than $50k.

If that sounds bizarre and convoluted to you, it should. But there is no difference between that and wage, which is nothing more than an exchange of labor for compensation.

Except you're smart enough to understand a "minimum wage" already exists when competition exists is in a market place. A McDonald's owner wouldn't be able to just lower his crew salary down to 50 cents an hour if MW were abolished tomorrow...because nobody would show up to work. That just seems too hard for dimocraps to grasp, though.

 

[guitarjosh]

There would be 0% unemployment.

I don't know about that, the 20s had no minimum wage and unemployment was in the 2s.

 

[Willie99]

I would not have received a 6 cents pay raise back when I was 16

and that 6 cents made it much easier to support my family

 

[SheriffJoe]

I don't know about that, the 20s had no minimum wage and unemployment was in the 2s.

I guess I should have said full employment since there will always be people who can't/won't work under the best economic conditions.

All a minimum wage does is makes it illegal for an employer to hire a person with limited skills. If the govt imposes a $15/hr minimum wage, it is essentially pricing every job at $14.99/hr and under out of the market.

If you were a teenager with limited skills looking for a job going to door-to-door, you couldn't give your time away to companies because the government has made it ILLEGAL. face)(*^% (As opposed to the free market way of voluntarily negotiating price on ANY product or service)

But Sir, I need money! I'll sweep your floors for $8! I'll do anything!

"Sorry, no can do kid...the law says we have to pay you $15 and we can't afford that. One of our other employees will do it instead. Best of luck!"

All this under the banner of "social justice"

Socialism: ideas so good they're mandatory. :neenee:

 

[CHOPTALK]

Yea when I went from line clerk to ass manager my responsibilities went up 10x and my pay went up less then 5%.
I was like what's the point of this?
Id rather make 6.80 being a line clerk then 7.20 being an assistant manager .
If they had no min wage I would think the pay differential between line clerk and assistant manager would be much higher.
This is only going to get worse at 15 per hr

 

[TomGshotput]

A lot of us would work a lot less

 

[NFLTrends]

Skill match the pay usually.... But mostly it's over skilled getting underpaid. Now they want to flip it and overpay limited skills.

Want more pay, get more skills

 

[NFLTrends]

Also, those with no skills, say fast food workers... They will be the first to lose their job. Now that pay is $15 and hour, they can hire more dependable and better skilled employees at that price, and will force those out of any market completely.

And guess what, they will become dependent on the government. Which I think is the plan all along.

Close businesses, force out the unskilled, more government dependency, = more voters for which side of the aisle?