Quote:
|
Have you ever heard of a show called "30 Days", its made by the guy who made that movie SuperSize Me. In this show, he and his wife lived for 30 days on minimum wage jobs. If you had watched that show, you would see that it is extremely hard to live off of that kind of dough.
|
1. I saw the show.
2. I realize it's hard.
3. Increasing the minimum wage will not fix the problem.
You only have two options in increasing the minimum wage. You can increase to a level (like to $6.25) that will not have any real impact or you can increase it to level where it will have an impact on the poor's take home pay, but will ultimately result in a net negative for them anyway. Hundreds of studies have been done on this issue and they are in nearly complete agreement. Raising the minimum wage does not work. Now, do I think $6.25 is going to hurt anything? Not really. In most urbans areas like mine very, very, very few people make minimum wage, so the net effect will be nothing. In some areas it will help the poor and in some areas it will help some poor people, but not others. But regardless, an extra $44 a week will not solve much.