You're right, it is criminal! Its about $5.25 too high!
This is not about what you would pay, but about what the government should enforce. Let's say I want to hire an employee but I can only afford $3 per hour. I find a person who would like to work for me at that rate. The government steps in and says "No, you can't go work for him for that price. We prohibit it." Now he's unemployed because the government won't allow him to work for me at that rate, and I can't afford more. He should be able to make any deal he wants for his employment.I would not insult someone by paying them that wage! A man breaks his back for me, he has a right to his dignity. This is not the industrial revolution!
Minimum wage raises the prices for everyone's purchases.No question: the USA PATRIOT Act is worse in the sense that it affects us all while almost no one is affected by the minimum wage laws (at least beneficially!).
http://www.townhall.com/columnists/AlanReynolds/2006/01/19/below_the_minimum_wage
If I find an employer willing to employ me for $3 an hour and I want to work for him, it is unethical for you or any government to stop me from doing so. It is my right to contract for labor at any price I desire.So 5.25 is too much!!!
That's right, it is a NATURAL economic process in a fiat currency system that doesn't need to be interfered with by the government.In a strong economy wages naturally escalate. Always comes back to supply and demand. But seriously 5.25 is too much!
Ron Paul votes against minimum wage increases. As president, he would work to abolish the minimum wage, in my opinion.I'm not having a go at you guys, merely stating the facts. If you don't want Ron Paul, we'll have him as our Prime Minister. No 5.25 an hour though.
Minimum wage hurts the poor because companies will hire less and instead will hire mostly middle class teenagers. Some unions make it unfair to other workers because they want to be compensated 15 an hour to be a cashier while another cashier at Walmart makes 7 an hour.