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Posted on July 24, 2009 | tags

 

Biz, U.S.: The big question with minimum wage: Is now really the time?

Arguments for
Much as with any wage increase, the biggest argument for is workers whose wage hasn’t kept up with the economic climate. The thinking, of course, is that if they get higher wages, they can afford a better lifestyle.
Arguments against
Much as with any wage increase, the biggest argument against is the fact that the economy – specifically employers can’t support the wage increase. With high unemployment nationwide, this rings truer now than ever.
Who the law forgot
The tip slave – whose livelihood is largely based on how much you jerks tip her for your Monte Cristo and fries – still only makes $2.13 an hour before tips. Now, tips can be a nice racket, but that’s a damn shame. source
 
 
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