Quote:On the topic of minimum wages and savings I agree no one on minimum wage is nor should be saving money, their sole goal should be focused on increasing their income by any means.


It's sad that there are people trying to support families on minimum wage. The why is really what matters. In my honest opinion the reason why is two fold.


One you have a blackmarket labor force because of the income tax and illegal immigration that has eliminated a large part of the skilled work force. What was once a respectable and profitable trade job such as flooring carpentry agriculture and so on is now dominated by a black market labor force. Change to a consumption tax and you'll eliminate that black market stealing from the American workers.


Second the rise of mega corporations killed small storefront business. It's given mega corporations are going to pay low wages. The solution is less mega corporations and more small business. Again government gets in the way creating regulations the small guy starting out just can't keep up with.

This is one of the big things I do not understand. Illegal workers are a problem, I agree fully with this. I think most people will agree with this. However, what it does show, is that in an unregulated free market, employers will pay as little as they can. Not in relation to relative skill but as low as they can get away with to pad profits. When you have more people looking for good jobs than there are good jobs available, weather skilled or not, you find people willing to take much lower wages simply because they need income. If you don't have a minimum wage and a healthy one at all, what incentive is there at all for employers to pay a decent wage? I say there is zero incentive at all and in the end well over half the population (guessing here) suffers as a result. 

 

The taxation is a completely different issue that also needs to be addressed but it does not fix the obvious problem. There are way more people than there are "non minimum wage" type jobs. There probably isn't even enough to support half the population. There is no solution to this problem. In my opinion, you help support the half (or whatever the % is) by having a decent, livable minimum wage or you simply do not care about those people. 

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