So how about a minimum wage indexed for age?

So how about a minimum wage indexed for age?
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Old people would never get hired. This already happens but it would be worse.
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If we can have a minimum wage then, for balance, can we also have a maximum wage?

Description : If we can have a minimum wage then, for balance, can we also have a maximum wage?

Last Answer : answer:Theoretically, yes. However, that would require legislation, which involves lobbyists. Now, who do you think has more political clout; voters or those that can hire dozens of lobbyists and finance re-election campaigns? So “can” and “can” are two different things :/

In your experience, does it seem like the people with the least are the quickest to give and help others?

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Last Answer : Most people in the world are indeed awesome. And eager to help, particularly if they can help directly/face to face. It’s too bad that the occasional exception to this rule winds up being regarded as typical when it is in truth the other way around.

Do you think it would be better to be poor in the Pacific Northwest of the USA or in Australia?

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How can we end poverty?

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How can the poor get ahead if all of the resources on the planet are claimed and fenced off?

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Last Answer : 4% of the population owns 98% of the world’s wealth. They can’t.

If someone has,what they believe to be, a great idea for a social networking website,but no technical knowledge or material funds to bring the idea to fruition,what would be the best course of action to take,who would be best to contact and what is the best way to safeguard the idea?

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Is there plenty on this Earth for all to have plenty?

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Last Answer : Depends on what you mean by “plenty.” There isn’t enough on this Earth for all to live like Americans.

have you ever heard of a shoe company selling you one shoe?

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How does it benefit the low end worker, by keeping minimum wage so low one can't possibly live off it?

Description : How does it benefit the low end worker, by keeping minimum wage so low one can't possibly live off it?

Last Answer : It’s better than zero income at all or full blown welfare, but otherwise no, nothing but a low paid wage slave.

Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Description : Most of us know a minimum wage is not a living wage, so in your opinion what would a minimum living wage be for the area that you live in?

Last Answer : San Francisco just went to $10.74 hour, but the Mayor thinks it should be $15 which is really a bare minimum to live here.

Why are volunteers, and interns, exempt from minimum wage laws?

Description : Why are volunteers, and interns, exempt from minimum wage laws?

Last Answer : You can look up the definition of volunteer. https://www.dol.gov/agencies/whd/fact-sheets/71-flsa-internships

Should the minimum wage be tied to some economic metric?

Description : Should the minimum wage be tied to some economic metric?

Last Answer : Cost of living seems like the obvious one to me, if realistically assessed. More interesting and egalitarian would be highest income. As in, the minimum wage is some fraction of the highest person’s income, not adjusted by any loopholes.

Is there actually a crisis as is claimed if people will not work minimum wage jobs if they can earn more on unemployment?

Description : Is there actually a crisis as is claimed if people will not work minimum wage jobs if they can earn more on unemployment?

Last Answer : I was furloughed in the early days of the pandemic for 3 weeks. I was bringing home more money on unemployment plus the extra 600 a week my state was giving the unemployed. But my company would not ... a week has stopped. I think they are taking advantage of the situation. Not all people, but some.

Can asking for minimum wage put off one's job chances of for a famous fast food restaurant as a cashier?

Description : Can asking for minimum wage put off one's job chances of for a famous fast food restaurant as a cashier?

Last Answer : Maybe it wasn’t the fact that you requested minimum wage, which is what is expected as a cashier at a fast food restaurant. Maybe it was the lack of experience on your part. Maybe someone else had applied that has worked at fast food before, and they hired that person.

Why is the minimum wage going up?

Description : Why is the minimum wage going up?

Last Answer : Inflation

Do you think we should have a Federal Minimum Wage?

Description : Do you think we should have a Federal Minimum Wage?

Last Answer : You’re right – capitalism doesn’t work.

Are business owners exempt from minimum wage laws and overtime?

Description : Are business owners exempt from minimum wage laws and overtime?

Last Answer : You could just make them all salary positions. OT goes away. But typically, businesses (especially small businesses) just make jobs part time to minimize payroll expenses. I would hesitate to make all ... as you sign the papers making them part owners, they could walk and you would owe them.

Has there ever been a minimum wage lower than $0.00 a hour?

Description : Has there ever been a minimum wage lower than $0.00 a hour?

Last Answer : A person needs income to live on. Slaves had to be given free room and board. They had to either have been given food or provided with land to grow their own. Volunteers get $0.00. Could ... responsible position? Some of them may donate cash or supplies. Would that make them earn a negative income?

Why are volunteers exempted from minimum wage laws?

Description : Why are volunteers exempted from minimum wage laws?

Last Answer : By definition, volunteers don’t get paid.

How high do you think a government mandated minimum wage should go?

Description : How high do you think a government mandated minimum wage should go?

Last Answer : It should be indexed by inflation. Every year.

When is a proposed minimum wage hike too high?

Description : When is a proposed minimum wage hike too high?

Last Answer : No. It balances out in the end. Costs go up and compensates for the increase.

Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Description : Is a minimum wage job "minimum wage" because the high competition for the job, or because it is easy?

Last Answer : Neither. It is usually because of the low skills level necessary to be hired to do the job. That doesn’t make it easy, it means the required training is minimal.

How do you eat healthy while on a fixed income or minimum wage?

Description : How do you eat healthy while on a fixed income or minimum wage?

Last Answer : For one, you need to re-read some of the answers to your questions that were similar to this one. There has been tons of advice from all of us on how to eat healthy on a budget. First, you ... I hope this will get you started down the road to a healthier diet, while still maintaining your budget : )

Should I have asked for anything other than minimum wage? (detals inside)

Description : Should I have asked for anything other than minimum wage? (detals inside)

Last Answer : Edit I applied as a cashier.

Has anyone in the world experenced a negative minimum wage or interest rate?

Description : Has anyone in the world experenced a negative minimum wage or interest rate?

Last Answer : Yes. They used to be called “apprenticeships”. You’d pay an expert to teach you their craft, and usually room and board while you learned. The “learning” often involved doing the menial, laborious parts of the job for several years before actual teaching began.

Are you in favor of a minimum wage increase?

Description : Are you in favor of a minimum wage increase?

Last Answer : The reality is that increasing the minimum wage has mixed results, but is not the widespread destruction in employment that people like Pugh fear. In many ways, increasing the minimum wage increases the ... as they get it; in economic terms, it increases the velocity of money through the economy.

Creeping prices, an effect of the raise in minimum wage in the future?

Description : Creeping prices, an effect of the raise in minimum wage in the future?

Last Answer : The tiresome justification for slave wages. But let's step back and consider for a second the Walmart heirs now worth billions from the simple tactic of routinely paying employees a wage insufficient ... living, but are fed by taxpayers. Profits are privatized while expenses are socialized. Get it?

If we have minimum hourly wage then what about a minimum monthly wage?

Description : If we have minimum hourly wage then what about a minimum monthly wage?

Last Answer : So what are you proposing? I don’t quite understand what you are trying to say here? If an employer hires you they have to promise a certain amount of hours per month type thing?

What's more important? A higher minimum wage, or a 40 hour workweek?

Description : What's more important? A higher minimum wage, or a 40 hour workweek?

Last Answer : answer:I personally care more about the wage than having 40 hours. If I can work 30 and make enough money that sounds good to me. Flexibility in the work schedule is most important to me in ... work. If we get rid of health care through our employers that whole part of the equation disappears.

If raising minimum wage will kill businesses and and increase inflation, then wouldn't reducing the earnings of the people at the top of corporations have the opposite effect?

Description : If raising minimum wage will kill businesses and and increase inflation, then wouldn't reducing the earnings of the people at the top of corporations have the opposite effect?

Last Answer : Ooooooo snap!

What's the biggest challenge facing minimum wage workers in America today? Low wage per hour or low hours per week?

Description : What's the biggest challenge facing minimum wage workers in America today? Low wage per hour or low hours per week?

Last Answer : answer:There's another issue happening at big box stores and corporate chains. To keep labor costs low, managers use forecasting software to write schedules. So if the software says you can only have 20 ... , entry-level service jobs. I think it's this century's version of Gilded Era factory work.

Should the federal minimum wage in America be a percentage of something?

Description : Should the federal minimum wage in America be a percentage of something?

Last Answer : That's an idea that makes sense, which means there isn't a chance in hell of it going anywhere. The logical Idea to gear minimum wage requirements to prevailing local cost of living rates has ... more backward and destitute the region, the louder the protests against the evils of the minimum wage.

What is the minimum wage in your area, and what would that wage have to go up to, to make it a minimum living wage?

Description : What is the minimum wage in your area, and what would that wage have to go up to, to make it a minimum living wage?

Last Answer : answer:It can't happen The minute that whatever minimum wage is imposed on employers, all goods and services will become more expensive either because personnel costs are passed on to consumers, or because ... about money at the 70K/year mark. So the daydream answer to your question is 70K/year.

When the minimum wage goes up, how does the money cycle change?

Description : When the minimum wage goes up, how does the money cycle change?

Last Answer : Inflation increases the cost of goods, the value of the money goes down. I remember hearing, back in the 70's, that a dollar was worth 26 cents. Your money buys less and less, and the prices continue to ... on one side. It took a whole grocery bag full of these marks to buy a single loaf of bread.

Should the minimum wage be set at the state or national level?

Description : Should the minimum wage be set at the state or national level?

Last Answer : I’ll go to Alabama and be unemployed when the minimum wage goes to $15.50. You use to be able to a house for 18 % to 20 % of a house in Connecticut or Massachusetts. There is a great big difference in cost of living and housing cost between states.

Could we have a minimum wage for middle class non-business owners?

Description : Could we have a minimum wage for middle class non-business owners?

Last Answer : Not likely. There is no uniform accepted definition as to to where the line is, and there’s certainly disagreement among the people involved. And are you stipulating that the workers of business owners be exempted? If so, who’s left?

Can states have no minimum wage, or pay less than the federal minimum wage?

Description : Can states have no minimum wage, or pay less than the federal minimum wage?

Last Answer : If they (their companies) have no interstate commerce they are probably okay to have different minimum wage laws.

What are the main arguments against minimum wage increases and why are they fallacious?

Description : What are the main arguments against minimum wage increases and why are they fallacious?

Last Answer : If everyone gets a raise then no one does. It is a relative income that matters. Prices for products level off. Another point is how valuable is a humans hour of work is. Better educational ... for 18 years or more. Better health means fewer sick days and more profit from a humans perspective,

Should minimum wage be raised to $10.10 an hour?

Description : Should minimum wage be raised to $10.10 an hour?

Last Answer : answer:Slightly off topic, but I want know how is it determined minimum wage? Is there a specific process?

Is lowering the cost of living a better solution than raising the minimum wage?

Description : Is lowering the cost of living a better solution than raising the minimum wage?

Last Answer : answer:We can if people stop paying the high prices. Some goods have small margins, but some have huge ones. If people had not purchased overpriced housing, the housing bubble would not have happened. ... put things on credit, the economy will continue to be what I consider to be ahead of itself.

Could increasing the minimum wage have unintended, negative consequences for some people?

Description : Could increasing the minimum wage have unintended, negative consequences for some people?

Last Answer : Like most things, there are always unintended circumstances that arise. I can see people losing hours, or future employees coming in as p/t only, and then there is no penalty of overtime pay if they work ... where they can benefit in other ways to make up for the increase in wages they have to pay.

I have been told time, and time again when the demand for minimum wage workers increase….(see details)

Description : I have been told time, and time again when the demand for minimum wage workers increase….(see details)

Last Answer : In America, it’s fairly difficult to bring in foreign workers legally to fill non-skilled positions. Hiring illegal immigrants is another issue.

Should minimum wage be tied to the rate of inflation?

Description : Should minimum wage be tied to the rate of inflation?

Last Answer : answer:My instinct tells me yes, but I am, in no way, an economist — so I can’t say for sure. Interested to see what smarter folks than I have to offer.

Who is the Government really subsidizing when it comes to minimum wage?

Description : Who is the Government really subsidizing when it comes to minimum wage?

Last Answer : I’d say a mix of both. It benefits both sides.

Is it feasible for small business owners to receive a minimum wage for paying a higher wage to their employees?

Description : Is it feasible for small business owners to receive a minimum wage for paying a higher wage to their employees?

Last Answer : When times are bad in a business, some times the owners will take out no pay for a while.

How come people seem to get all upset when minimum wage is to be increased, but just shrug when some CEO gets a huge bonus or increase?

Description : How come people seem to get all upset when minimum wage is to be increased, but just shrug when some CEO gets a huge bonus or increase?

Last Answer : Because the CEO is likely to be already wealthy, conservative and one of the socio-economic class that is getting upset about raising the minimum wage. Generally they don’t criticize their own kind.

After the first quarter of the fiscal year ends in 2014, with the rise of the federal minimum wage, what sort of price increases should we expect?

Description : After the first quarter of the fiscal year ends in 2014, with the rise of the federal minimum wage, what sort of price increases should we expect?

Last Answer : I expect that corporate profits will rise as those that pay minimum wage price-gouge and jack up prices by 30% to cover a 3% increase in costs. Remember how Papa John’s was going to jack up the price of a pizza far more than the 15 cents a pie it would take to cover the costs of Obamacare?

In the U.K. what is the median of minimum wage?

Description : In the U.K. what is the median of minimum wage?

Last Answer : Do you mean what is the minimum wage or what is the median of all wages? The minimum wage would be only one value not a median.

Do you ever regret leaving a minimum wage job to go to university?

Description : Do you ever regret leaving a minimum wage job to go to university?

Last Answer : answer:Wow, I am actually wondering if I should do this rather than go to college straightaway. Will be stalking this. Thank you Talljasperman for asking this question

How much is the, "minimum wage" in San Francisco?

Description : How much is the, "minimum wage" in San Francisco?

Last Answer : Here’s the straight scoop.